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Use the Following to Answer Questions 29-31

Question 78

Multiple Choice

Use the following to answer questions 29-31:
Figure 3.10 Use the following to answer questions 29-31: Figure 3.10   -(Figure 3.10)  If the government mandates a price floor of $750, the area of producer surplus changes from: A)  D + E + F to B + D + F. B)  F to B + C + D + F. C)  D + E + F to A + B + D + F. D)  B + C + D + F to B + D + F.
-(Figure 3.10) If the government mandates a price floor of $750, the area of producer surplus changes from:


A) D + E + F to B + D + F.
B) F to B + C + D + F.
C) D + E + F to A + B + D + F.
D) B + C + D + F to B + D + F.

Correct Answer:

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