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    Microeconomics Study Set 22
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    Exam 9: The Analysis of Competitive Markets
  5. Question
    Figure 9.1 -Refer to Figure 9.1. If the Market Is in Equilibrium
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Figure 9.1 -Refer to Figure 9.1. If the Market Is in Equilibrium

Question 18

Question 18

Multiple Choice

  Figure 9.1 -Refer to Figure 9.1. If the market is in equilibrium, total consumer and producer surplus is A)  $0. B)  $100. C)  $800. D)  $1200. E)  $2000. Figure 9.1
-Refer to Figure 9.1. If the market is in equilibrium, total consumer and producer surplus is


A) $0.
B) $100.
C) $800.
D) $1200.
E) $2000.

Correct Answer:

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