Assume that the market for good x is defined as follows: qd = 64 - 16p and qs = 16p - 8. if the government restricts output in this market to 16 units, what is the loss associated with this policy?
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Home » Business » Assume that the market for good x is defined as follows: qd = 64 - 16p and qs = 16p - 8. if the government restricts output in this market to 16 units, what is the loss associated with this policy?