Use the Following to Answer Question

question 35

Multiple Choice

Use the following to answer question:
Figure: The Market for Clams
-(Figure: The Market for Clams) Look at the figure The Market for Clams. The government imposes a quota limiting sales of clams to 1,000 pounds. According to the figure, the quota rent per pound in this case is:

• A) $7.50.
• B) $5.00.
• C) $2.50.
• D) The quota rent cannot be determined from the information provided.

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