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?

K Click on the icon to read the news clip, then answer the following questions The graph shows the market for milk in Venezuela when a price control is in effect Draw a shape that represents 1) consumer surplus Label it CS 2) producer surplus Label it PS 3) the deadweight loss Label it DWL Also draw a shape that show the resources lost from time spend in line Label it Loss Moving from a milk market with no price controls to a milk with price controls, surplus and producer surplus OA. increases, decreases OB. increases, increases OC. decreases, decreases OD. decreases, increases 60- 50- Price (bolivars per gallon) 40 40- 30- consumer 20- 10+ 0 100 200 S Price control D 300 300 400 500 600 700 Quantity (gallons of milk) >>> Draw only the objects specified in the question

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Dollars 10 10 8 5 Dumping by Monopolist 4 5 MRdom 10 Ddom MC Dfor= MRfor Quantity Refer to above figure. Given the opportunity to sell at world prices, the marginal (opportunity) cost of selling a ton domestically is what? Answer: