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Cwds613 Cwds613
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A year ago
 Demand and Supply Schedules for Chocolate Bars

Price
($)
Quantity Demanded
(thousands per week)
Quantity Supplied
(thousands per week)
2.0015002100
1.8016002050
1.6017002000
1.4018001950
1.2019001900
1.0020001850
0.8021001800
0.6022001750
0.4023001700

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?

▸ 200

▸ 2000

▸ 300

▸ 1800

▸ 1700
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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Quiera730Quiera730
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A year ago
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Cwds613 Author
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A year ago
You make an excellent tutor!
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Correct Slight Smile TY
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Good timing, thanks!
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