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Above you showed that a total of 160 units were traded in the market for an average of 80 units per person. Suppose the government
Above you showed that a total of 160 units were traded in the market for an average of 80 units per person. Suppose the government imposes a quota in this market and limits consumption to only 40 units per person (thus a total of 80 units may be traded). Specifically, each person will receive 40 coupons and to buy a unit of the good the person must present the coupon plus the price of the good
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