Question
Suppose you are given the following Supply and Demand equations. P=80-Q P=20+2Q How much would producers be willing to pay lobbyists to get the government
- Suppose you are given the following Supply and Demand equations.
P=80-Q
P=20+2Q
How much would producers be willing to pay lobbyists to get the government to establish a price floor at $70?
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Macroeconomics
Authors: Robert J Gordon
12th edition
138014914, 978-0138014919
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