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Refer to the Information Provided in Figure 4

Question 117

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Refer to the information provided in Figure 4.6 below to answer the question(s) that follow.
Equilibrium in this market occurs at the intersection of curves S and D. Refer to the information provided in Figure 4.6 below to answer the question(s)  that follow. Equilibrium in this market occurs at the intersection of curves S and D.   Figure 4.6 -Refer to Figure 4.6. If price goes from equilibrium to P1, consumer surplus changes by the area A)  E - C. B)  C + E. C)  E + F. D)  B - F. Figure 4.6
-Refer to Figure 4.6. If price goes from equilibrium to P1, consumer surplus changes by the area


A) E - C.
B) C + E.
C) E + F.
D) B - F.

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