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    Microeconomics Study Set 32
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    Exam 3: Using Supply and Demand to Analyze Markets
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    Use the Following to Answer Question
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Use the Following to Answer Question

Question 20

Question 20

Multiple Choice

Use the following to answer question:
Figure 3.2 Use the following to answer question: Figure 3.2   -(Figure 3.2)  If the price per bag of grapefruit increases from $6 to $8, producer surplus changes by: A)  $130. B)  $50. C)  $90. D)  $40.
-(Figure 3.2) If the price per bag of grapefruit increases from $6 to $8, producer surplus changes by:


A) $130.
B) $50.
C) $90.
D) $40.

Correct Answer:

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