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    Exam 3: Demand, Supply, and the Market Process
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    Figure 3-18 -Refer to Figure 3-18. When the Price Falls from P<sub>1</sub>
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Figure 3-18 -Refer to Figure 3-18. When the Price Falls from P1

Question 123

Question 123

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 new buyers entering the market? A)  ABD B)  ACF C)  BCDE D)  DEF
-Refer to Figure 3-18. When the price falls from P1 to P2, which area represents the increase in consumer surplus to new buyers entering the market?


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

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