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Exhibit 6-7 -Refer to Exhibit 6-7. If Market Price Increases from $18

Question 53

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Exhibit 6-7 Exhibit 6-7 -Refer to Exhibit 6-7. If market price increases from $18 to $20, then producer surplus for the profit-maximizing firm A) increases by $2. B) decreases by $2. C) increases by $7. D) decreases by $1. E) does not change.
-Refer to Exhibit 6-7. If market price increases from $18 to $20, then producer surplus for the profit-maximizing firm


A) increases by $2.
B) decreases by $2.
C) increases by $7.
D) decreases by $1.
E) does not change.

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