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    Microeconomics Study Set 25
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    Exam 4: Consumer and Producer Surplus
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    Consumers' Willingness to Pay for a Good Is Used to Derive
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Consumers' Willingness to Pay for a Good Is Used to Derive

Question 128

Question 128

Multiple Choice

Consumers' willingness to pay for a good is used to derive the _____ for that good.


A) producer surplus
B) cost of production
C) supply curve
D) demand curve

Correct Answer:

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