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Figure 10-4 -Refer to Figure 10-4. If This Market Is Currently Producing

Question 478

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Figure 10-4 Figure 10-4 -Refer to Figure 10-4. If this market is currently producing at Q<sub>4</sub>, then total economic well-being would be maximized if output A) decreased to Q<sub>1</sub>. B) decreased to Q<sub>2.</sub> C) decreased to Q<sub>3</sub>. D) stayed at Q<sub>4</sub>.
-Refer to Figure 10-4. If this market is currently producing at Q4, then total economic well-being would be maximized if output


A) decreased to Q1.
B) decreased to Q2.
C) decreased to Q3.
D) stayed at Q4.

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