Use the table below to answer the following questions.
Table 6.5.1
The Market for a Prohibited Good
-Refer to Table 6.5.1.If a $2-per-unit cost of breaking the law is imposed on both the buyers and the sellers,the new price is ________ and the new equilibrium quantity is ________ units.
A)$8;400
B)$8;300
C)$7;300
D)$9;300
E)$8;200

Question

Use the table below to answer the following questions.
Table 6.5.1
The Market for a Prohibited Good 
-Refer to Table 6.5.1.If a $2-per-unit cost of breaking the law is imposed on both the buyers and the sellers,the new price is ________ and the new equilibrium quantity is ________ units.
A)$8;400 
B)$8;300 
C)$7;300 
D)$9;300 
E)$8;200

Quizplus · Accepted Answer

The Answer of Use the table below to answer the following questions.
Table 6.5.1
The Market for a Prohibited Good 
-Refer to Table 6.5.1.If a $2-per-unit cost of breaking the law is imposed on both the buyers and the sellers,the new price is ________ and the new equilibrium quantity is ________ units.
A)$8;400 
B)$8;300 
C)$7;300 
D)$9;300 
E)$8;200

Use the Table Below to Answer the Following Questions