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    Business
  3. Study Set
    Principles of Economics Study Set 8
  4. Exam
    Exam 7: Consumers, Producers, and the Efficiency of Markets
  5. Question
    Figure 7-10 ​
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Figure 7-10 ​

Question 106

Question 106

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Figure 7-10
Figure 7-10    ​ -Refer to Figure 7-10. If the market equilibrium price falls from $120 to $80, how much consumer surplus do consumers entering the market after the price drop receive? ​
-Refer to Figure 7-10. If the market equilibrium price falls from $120 to $80, how much consumer surplus do consumers entering the market after the price drop receive?

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