per ogr82.0020.0017.5016.0012.0010.007.506.002.60250 500 750 1000 120 1500 1750Quantity of ehrimp (in kilogram)Government of Canada has introduced deficiency payment program with atarget price equal to $1750 per kilogram of Shrimp, Government spendingunder the program isSelect oneOa $12,500Ob $22500Oc $15,000

Given: Target price=$17.50 per kg of Shrimp

20.00 17.00 10.00 10.00 7.00 8.00 2.00 250 500 750 1000 120 100 1750 Quentity of shrp in kogram Government of Canada has introduced deficiency paymemt program with target price equal to $17.50 per kilogram of Shrimp Government spending under the program is Select one Oa $12500 OD $22500 Oc $15,000

20.00 17.00 10.00 10.00 7.00 8.00 2.00 250 500 750 1000 120 100 1750 Quentity of shrp in kogram Government of Canada has introduced deficiency paymemt program with target price equal to $17.50 per kilogram of Shrimp Government spending under the program is Select one Oa $12500 OD $22500 Oc $15,000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

per ogr
82.00
20.00
17.50
16.00
12.00
10.00
7.50
6.00
2.60
250 500 750 1000 120 1500 1750
Quantity of ehrimp (in kilogram)
Government of Canada has introduced deficiency payment program with a
target price equal to $1750 per kilogram of Shrimp, Government spending
under the program is
Select one
Oa $12,500
Ob $22500
Oc $15,000

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