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Figure 3-18 -Refer to Figure 3-18. When the Price Falls from P1

Question 146

Multiple Choice

Figure 3-18 Figure 3-18 -Refer to Figure 3-18. When the price falls from P<sub>1</sub> to P<sub>2</sub>, which area represents the increase in consumer surplus to existing buyers? A) ABD B) ACF C) BCED D) DEF
-Refer to Figure 3-18. When the price falls from P1 to P2, which area represents the increase in consumer surplus to existing buyers?


A) ABD
B) ACF
C) BCED
D) DEF

Correct Answer:

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