=+equal to the difference between the market price and the target price for each unit sold. Consider

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=+equal to the difference between the market price and the target price for each unit sold. Consider the market for corn depicted in the accompanying diagram.

Price of corn (per bushel) 5


0 800 1,000 1,200 Quantity of com (bushels)

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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