Question: Quantity Demanded Quantity Supplied Price (thousands per (thousands per ($) week) week) 2.00 1500 2100 1.80 1600 2050 1.60 1700 2000 1.40 1800 1950 1.20

Quantity Demanded Quantity Supplied Price (thousands per (thousands per ($) week) week) 2.00 1500 2100 1.80 1600 2050 1.60 1700 2000 1.40 1800 1950 1.20 1900 1900 1.00 2000 1850 0.80 2100 1800 0.60 2200 1750 0.40 2300 1700 TABLE 5-1 Refer to Table 5-1. Suppose that as a public health measure the government wants to reduce the number of chocolate bars consumed by children. If the government imposes a price of $1.60 per chocolate bar, how many fewer chocolate bars will be consumed each week, relative to the competitive equilibrium? Select one
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