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Consider the Pizza Market,with a Downward- Sloping Demand Curve and an Upward-

Question 15

Multiple Choice

Consider the pizza market,with a downward- sloping demand curve and an upward- sloping supply curve.Suppose 100 pizzas are purchased at the free- market equilibrium price.The consumer surplus on the 100th pizza is


A) positive.
B) zero.
C) negative.
D) unknown.
E) non- negative.

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