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Table 7-13 The Only Four Producers in a Market Have the Following

Question 93

Multiple Choice

Table 7-13
The only four producers in a market have the following costs: Table 7-13 The only four producers in a market have the following costs: -Refer to Table 7-13. If Abbey, Bev, and Carl sell the good, and the resulting producer surplus is $55 altogether, then the price must have been A) $40. B) $50. C) $60. D) $70.
-Refer to Table 7-13. If Abbey, Bev, and Carl sell the good, and the resulting producer surplus is $55 altogether, then the price must have been


A) $40.
B) $50.
C) $60.
D) $70.

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