Graph 9-8 
-According to Graph 9-8, equilibrium price and quantity before trade would be:
Definitions:
Fundamental Attribution Error
The tendency for people to over-emphasize dispositional or personality-based explanations for behaviors observed in others while under-emphasizing situational explanations.
Central Persuasion
A method of influencing that relies on direct, logical, and thought-provoking messages aiming at the central route of the cognitive process.
Peripheral Route Persuasion
A method of persuasion that influences individuals indirectly, by focusing on cues other than the direct message, such as the attractiveness or credibility of the source.
Central Route Persuasion
Central route persuasion is a method of persuasion that involves deeply processing the content of the message, leading to a lasting attitude change. It requires the audience's active and effortful engagement with the message.
Q31: Taxes are costly to market participants because
Q41: The Tragedy of the Commons occurs with
Q81: Import quotas increase the domestic price of
Q84: What was the 'invisible hand' doctrine that
Q94: According to the Laffer curve, what will
Q103: Economists generally believe that although there may
Q104: Once it becomes obvious that a common
Q109: According to Graph 6-7, the amount of
Q115: Using the graph below, analyse the effect
Q146: In general, advocates of the minimum wage:<br>A)