Ed Has 100 Tons of Manure

question 10

Multiple Choice

Ed has 100 tons of manure.The lowest price at which he is willing to sell it is $10 per ton.Fred wants to buy 100 tons of manure.The most he is willing to pay is $8 per ton.The federal government offers to subsidize manure sales at a rate of $1 per ton.If Ed and Fred are the only people who deal in manure, then the deadweight loss caused by the subsidy is

• A)$100.
• B)$50.
• C)$0.
• D)$200.
• E)none of the above.

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Definitions:

Amphiarthrosis

A type of joint in the human body that allows for limited movement, contributing to stability and support, such as the vertebrae in the spine.

Diarthrosis

A movable joint; another word for synovial.

Breast Bone

Also known as the sternum, a long flat bone located in the central part of the chest, connecting the rib bones and supporting the collar bone.

Axial Skeleton

The central part of the skeleton, comprising the skull, vertebral column, ribs, and sternum, providing support and protection for the body's vital organs.