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    Exam 5: Efficiency and Equity
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    -The Figure Above Shows Clara's Demand for CDs
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-The Figure Above Shows Clara's Demand for CDs

Question 362

Question 362

Multiple Choice

  -The figure above shows Clara's demand for CDs. If the price for a CD is $15, then Clara A)  receives no consumer surplus on the 6th CD she buys. B)  receives a total of $10 of consumer surplus. C)  will buy no CDs. D)  receives a total of $40 of consumer surplus.
-The figure above shows Clara's demand for CDs. If the price for a CD is $15, then Clara


A) receives no consumer surplus on the 6th CD she buys.
B) receives a total of $10 of consumer surplus.
C) will buy no CDs.
D) receives a total of $40 of consumer surplus.

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