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Market for Cars $12 S $10 $8 Price $6 $4 $2 D 0 100 200 300 400 500 600 700 800 900 1000 Quantity Consider

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Market for Cars $12 S $10 $8 Price $6 $4 $2 D 0 100 200 300 400 500 600 700 800 900 1000 Quantity Consider the market for cars shown above and suppose a quota of 200 cars is imposed on the market. The total quota rent from this quota is equal to: $1200 $1000 $800 $1400 Previous Page Next Page

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