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Figure 7-2 -Refer to Figure 7-2.If the Equilibrium Price Rises from $60

Question 38

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Figure 7-2 Figure 7-2 -Refer to Figure 7-2.If the equilibrium price rises from $60 to $120,what is the producer surplus to new producers in the market? A) $1,200 B) $2,400 C) $3,600 D) $4,800
-Refer to Figure 7-2.If the equilibrium price rises from $60 to $120,what is the producer surplus to new producers in the market?


A) $1,200
B) $2,400
C) $3,600
D) $4,800

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