A B C D E F G H S D Q in the figure above, A-33, B-24, C-18, D-9, E-13, F-15, G-19, H-21. f the government auctions off the quota licenses, what is the maximum amount of revenue it could raise?

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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In the figure above, A-33, B=24, C-18, D=9, E-13, F-15, G-19, H=21.
If the government auctions off the quota licenses, what is the maximum amount of revenue it could raise?
Transcribed Image Text:P A B C D E F G H S D In the figure above, A-33, B=24, C-18, D=9, E-13, F-15, G-19, H=21. If the government auctions off the quota licenses, what is the maximum amount of revenue it could raise?
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