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Demand and Supply Schedules for Chocolate Bars

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Demand and Supply Schedules for Chocolate Bars
Demand and Supply Schedules for Chocolate Bars    TABLE 5-1 -Refer to Table 5-1.Suppose that as a public health measure the government wants to reduce the number of chocolate bars consumed by children.If the government imposes a price of $1.60 per chocolate bar,how many fewer chocolate bars will be consumed each week,relative to the competitive equilibrium? A) 200 B) 300 C) 1700 D) 2000 E) 1800 TABLE 5-1
-Refer to Table 5-1.Suppose that as a public health measure the government wants to reduce the number of chocolate bars consumed by children.If the government imposes a price of $1.60 per chocolate bar,how many fewer chocolate bars will be consumed each week,relative to the competitive equilibrium?


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