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Figure 9.1.1 -Refer to Figure 9.1.1 Above. If the Government Establishes a Establishes

Question 71

Multiple Choice

Figure 9.1.1 -Refer to Figure 9.1.1 above. If the government establishes a price ceiling of $20, total consumer and producer surplus will be: A) $30. B) $400. C) $600. D) $900. E) $1200. Figure 9.1.1
-Refer to Figure 9.1.1 above. If the government establishes a price ceiling of $20, total consumer and producer surplus will be:


A) $30.
B) $400.
C) $600.
D) $900.
E) $1200.

Correct Answer:

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