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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 7-17 the Following Table Shows the Willingness to Pay for a for a Good
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Table 7-17 the Following Table Shows the Willingness to Pay for a for a Good

Question 439

Question 439

Short Answer

Table 7-17
The following table shows the willingness to pay for a good for the only four consumers in a market. Table 7-17 The following table shows the willingness to pay for a good for the only four consumers in a market.   -Refer to Table 7-17. If the price of the good is $20, how much is the total consumer surplus?
-Refer to Table 7-17. If the price of the good is $20, how much is the total consumer surplus?

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