Business, 11.11.2019 23:31 heavyhearttim
Suppose the market demand for ethanol is upper q superscript upper dqdequals=6060minus−88p and market supply of ethanol is upper q superscript upper sqsequals=2020plus+1212p.
if the government institutes a price ceiling of $1.801.80, what is the effect on economic efficiency? the price ceiling will create deadweight loss of $nothing.
(enter your response rounded to two decimalplaces.)
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Suppose the market demand for ethanol is upper q superscript upper dqdequals=6060minus−88p and marke...
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