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Given a Particular Market Demand Curve, Consumer Surplus Is

Question 28

Multiple Choice

Given a particular market demand curve, consumer surplus is


A) greater the lower the price and the larger the output.
B) less the lower the price and the larger the output.
C) greater the lower the price and the smaller the output.
D) less the lower the price and the smaller the output.
E) greater the higher the price and the smaller the output.

Correct Answer:

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