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  3. Study Set
    Macroeconomics Study Set 43
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    Exam 4: Part B: Market Failures: Public Goods and Externalities
  5. Question
    Market for Asparagus
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Market for Asparagus

Question 33

Question 33

Multiple Choice

Market for asparagus.At the market price of $2, area A + B represents: Market for asparagus.At the market price of $2, area A + B represents:   A) total consumer benefit. B) total revenue to sellers. C) consumer surplus. D) returns to capital and to labour.


A) total consumer benefit.
B) total revenue to sellers.
C) consumer surplus.
D) returns to capital and to labour.

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