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(Table: Quantity Supplied and Quantity Demanded)Using the Table Quantity Supplied

Question 204

Multiple Choice

(Table: Quantity Supplied and Quantity Demanded) Using the table Quantity Supplied and Quantity Demanded,if this market is in equilibrium and the demand and supply curves are linear,then the value of consumer surplus is: (Table: Quantity Supplied and Quantity Demanded) Using the table Quantity Supplied and Quantity Demanded,if this market is in equilibrium and the demand and supply curves are linear,then the value of consumer surplus is: A) $1,225. B) $2,450. C) $4,900. D) $1,500.


A) $1,225.
B) $2,450.
C) $4,900.
D) $1,500.

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