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-The Above Figure Shows the Domestic Market for Tomatoes

Question 167

Multiple Choice

-The above figure shows the domestic market for tomatoes.Suppose this market is isolated from global competition and there is a support price set at $16.In this figure,what area equals the deadweight loss? A) area B + area C + area D + area F B) area E C) area C + area D + area E + area G D) area A E) area F
-The above figure shows the domestic market for tomatoes.Suppose this market is isolated from global competition and there is a support price set at $16.In this figure,what area equals the deadweight loss?


A) area B + area C + area D + area F
B) area E
C) area C + area D + area E + area G
D) area A
E) area F

Correct Answer:

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