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    Exam 5: Efficiency and Equity
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    -In the Above Figure, If the Market Produces the Efficient
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-In the Above Figure, If the Market Produces the Efficient

Question 56

Question 56

Multiple Choice

  -In the above figure, if the market produces the efficient amount of purses then producer surplus equals A)  triangle bcd. B)  triangle adc. C)  rectangle bcde. D)  trapezoid adec.
-In the above figure, if the market produces the efficient amount of purses then producer surplus equals


A) triangle bcd.
B) triangle adc.
C) rectangle bcde.
D) trapezoid adec.

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