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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 7-2 This Table Refers to Five Possible Buyers' Willingness to Pay
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Table 7-2 This Table Refers to Five Possible Buyers' Willingness to Pay

Question 513

Question 513

Multiple Choice

Table 7-2
This table refers to five possible buyers' willingness to pay for a case of Vanilla Coke. Table 7-2 This table refers to five possible buyers' willingness to pay for a case of Vanilla Coke.   -Refer to Table 7-2. If the market price is $5.50, the consumer surplus in the market will be A) $3.00. B) $4.50. C) $15.50. D) $21.00.
-Refer to Table 7-2. If the market price is $5.50, the consumer surplus in the market will be


A) $3.00.
B) $4.50.
C) $15.50.
D) $21.00.

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