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    Principles of Microeconomics Study Set 10
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    Exam 7: Consumers, Producers, and the Efficiency of Markets
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    Table 7-16 -Refer to Table 7-16. at a Price of $2.00, Total
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Table 7-16 -Refer to Table 7-16. at a Price of $2.00, Total

Question 181

Question 181

Multiple Choice

Table 7-16 Table 7-16   -Refer to Table 7-16. At a price of $2.00, total surplus is A) larger than it would be at the equilibrium price. B) smaller than it would be at the equilibrium price. C) the same as it would be at the equilibrium price. D) There is insufficient information to make this determination.
-Refer to Table 7-16. At a price of $2.00, total surplus is


A) larger than it would be at the equilibrium price.
B) smaller than it would be at the equilibrium price.
C) the same as it would be at the equilibrium price.
D) There is insufficient information to make this determination.

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