Demand and Supply Schedules for Chocolate Bars
TABLE 5-1
-Refer to Table 5-1.Suppose that as a public health measure the government wants to reduce the number of chocolate bars consumed by children.If the government imposes a price of $1.60 per chocolate bar,how many fewer chocolate bars will be consumed each week,relative to the competitive equilibrium?
A)200
B)300
C)1700
D)2000
E)1800

Question

Demand and Supply Schedules for Chocolate Bars
  TABLE 5-1
-Refer to Table 5-1.Suppose that as a public health measure the government wants to reduce the number of chocolate bars consumed by children.If the government imposes a price of $1.60 per chocolate bar,how many fewer chocolate bars will be consumed each week,relative to the competitive equilibrium?
A)200 
B)300 
C)1700 
D)2000 
E)1800

Quizplus · Accepted Answer

The Answer of Demand and Supply Schedules for Chocolate Bars
  TABLE 5-1
-Refer to Table 5-1.Suppose that as a public health measure the government wants to reduce the number of chocolate bars consumed by children.If the government imposes a price of $1.60 per chocolate bar,how many fewer chocolate bars will be consumed each week,relative to the competitive equilibrium?
A)200 
B)300 
C)1700 
D)2000 
E)1800