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    Microeconomics Study Set 23
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    Exam 9: The Analysis of Competitive Markets
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    Figure 9.1.3 -Refer to Figure 9.1.3 Above. If the Market Is in Is
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Figure 9.1.3 -Refer to Figure 9.1.3 Above. If the Market Is in Is

Question 70

Question 70

Multiple Choice

  Figure 9.1.3 -Refer to Figure 9.1.3 above. If the market is in equilibrium, the producer surplus earned by the seller of the 100th unit is: A)  $0.50. B)  $0.75. C)  $1.50. D)  $2.00. E)  $2.75. Figure 9.1.3
-Refer to Figure 9.1.3 above. If the market is in equilibrium, the producer surplus earned by the seller of the 100th unit is:


A) $0.50.
B) $0.75.
C) $1.50.
D) $2.00.
E) $2.75.

Correct Answer:

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