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Figure 10-11 -Refer to Figure 10-11. Taking Only Private Value and Private

Question 245

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Figure 10-11 Figure 10-11 -Refer to Figure 10-11. Taking only private value and private cost into account, total surplus at the market equilibrium amounts to A) $3,850. B) $4,320. C) $4,980. D) $5,530.
-Refer to Figure 10-11. Taking only private value and private cost into account, total surplus at the market equilibrium amounts to


A) $3,850.
B) $4,320.
C) $4,980.
D) $5,530.

Correct Answer:

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