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Exhibit 39-1 -Refer to Exhibit 39-1.At a Support Price of P_T,private Sector

Question 58

Question 58

Multiple Choice

Exhibit 39-1 Exhibit 39-1 -Refer to Exhibit 39-1.At a support price of P<sub>T</sub>,private sector spending on this good equals A) P<sub>T</sub> x Q<sub>3</sub>. B) P<sub>T</sub> x Q<sub>2</sub>. C) P<sub>1</sub> x Q<sub>3</sub>. D) P<sub>1</sub> x Q<sub>2</sub>.
-Refer to Exhibit 39-1.At a support price of P_T,private sector spending on this good equals

A) P_T x Q₃.
B) P_T x Q₂.
C) P₁ x Q₃.
D) P₁ x Q₂.

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