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Use the Figure Below to Answer the Following Questions

Question 28

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 3.4.2 -Refer to Figure 3.4.2.When the price is $10 a unit, A) consumers will buy nothing. B) consumers will buy 500 units of output. C) a shortage occurs. D) the surplus is zero. E) consumers will buy 100 units of output. Figure 3.4.2
-Refer to Figure 3.4.2.When the price is $10 a unit,


A) consumers will buy nothing.
B) consumers will buy 500 units of output.
C) a shortage occurs.
D) the surplus is zero.
E) consumers will buy 100 units of output.

Correct Answer:

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