Question: What impact do policy interventions have on the supply and demand equilibrium for a product? Provide specific examples from the simulation to illustrate. X Mi

What impact do policy interventions have on thesupply and demandequilibrium for a product? Provide specific examples from the simulation to illustrate.

product? Provide specific examples from the simulation to illustrate. X Mi MobLab

X Mi MobLab Personal Payoff Unit Price Cost Nuisance (per unit) $3.93 $1.70 $0.20 $2.03 2 $2.77 $3.41 $0.20 -$0.84 Permit Market Payoff $0.00 Total Nuisance caused by others -$0.60 ? Support Total $0 59

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