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Figure 9.1.1 -Refer to Figure 9.1.1 Above. If the Market Is in Is

Question 11

Multiple Choice

Figure 9.1.1 -Refer to Figure 9.1.1 above. If the market is in equilibrium, the consumer surplus earned by the buyer of the 1st unit is: A) $5.00. B) $15.00. C) $22.50. D) $40.00. Figure 9.1.1
-Refer to Figure 9.1.1 above. If the market is in equilibrium, the consumer surplus earned by the buyer of the 1st unit is:


A) $5.00.
B) $15.00.
C) $22.50.
D) $40.00.

Correct Answer:

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