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Perfect Competition If the government sets a quota of 200 thousand units 50 a Price (dollars per purse) 40 S = MSC 30 g b

Perfect Competition If the government sets a quota of 200 thousand units

50 a Price (dollars per purse) 40 S = MSC 30 g b 20 C D = MSB 10 d e O 100 200 300 400 500 600 Quantity (thousands of purses per month)

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