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Exhibit 17.b -Refer to Exhibit 17.b, Which Shows the Supply of a the Supply

Question 99

Multiple Choice

Exhibit 17.b
Exhibit 17.b    -Refer to Exhibit 17.b, which shows the supply of a product in the United States. If the world price is P, U.S. producers would supply _____ A)  Q B)  Q' C)  Q  D)  0.5 x (Q'-Q)  E)  0.5 x (Q -Q')
-Refer to Exhibit 17.b, which shows the supply of a product in the United States. If the world price is P, U.S. producers would supply _____


A) Q
B) Q'
C) Q"
D) 0.5 x (Q'-Q)
E) 0.5 x (Q"-Q')

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