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  3. Study Set
    Microeconomics Study Set 23
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    Exam 9: The Analysis of Competitive Markets
  5. Question
    Figure 9.1.1 -Refer to Figure 9.1.1 Above. If the Market Is in Is
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Figure 9.1.1 -Refer to Figure 9.1.1 Above. If the Market Is in Is

Question 21

Question 21

Multiple Choice

  Figure 9.1.1 -Refer to Figure 9.1.1 above. If the market is in equilibrium, total consumer surplus is: A)  $30. B)  $70. C)  $400. D)  $800. E)  $1200. Figure 9.1.1
-Refer to Figure 9.1.1 above. If the market is in equilibrium, total consumer surplus is:


A) $30.
B) $70.
C) $400.
D) $800.
E) $1200.

Correct Answer:

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