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doggerfresh doggerfresh
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6 months ago

Suppose 100 bushels of X are produced at a target price of $7 per bushel, but consumers will only buy 100 bushels at $3 a bushel. What is the total deficiency payment to farmers?



$400



$600



$300



$100

Textbook 
Economics

Economics


Edition: 12th
Author:
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EM81607EM81607
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6 months ago
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