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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 7-3 The Only Four Consumers in a Market Have the Following
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Table 7-3 The Only Four Consumers in a Market Have the Following

Question 52

Question 52

Multiple Choice

Table 7-3
The only four consumers in a market have the following willingness to pay for a good: Table 7-3 The only four consumers in a market have the following willingness to pay for a good:   -Refer to Table 7-3. Who experiences the largest loss of consumer surplus when the price of the good increases from $20 to $22? A) Quilana B) Wilbur C) Ming-la D) All three buyers experience the same loss of consumer surplus.
-Refer to Table 7-3. Who experiences the largest loss of consumer surplus when the price of the good increases from $20 to $22?


A) Quilana
B) Wilbur
C) Ming-la
D) All three buyers experience the same loss of consumer surplus.

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