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Cuba Cuba
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8 years ago
Sammy has a drone that he values at $1,500. Frank values the same drone at $1,000. The government offers a subsidy of $800 to the buyers of drones, and Sammy and Frank agree on a price of $1,600. The subsidy creates a deadweight loss of
A) $0
B) $200
C) $500.
D) $800.
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
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IloveChiIloveChi
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Cuba Author
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#2
8 years ago
Straight to the point! Appreciate your time and your help.
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#3
8 years ago
Awesome Happy Dummy
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