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  3. Study Set
    Principles of Economics Study Set 8
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    Exam 7: Consumers, Producers, and the Efficiency of Markets
  5. Question
    Figure 7-3 -Refer to Figure 7-3. If the Price of the Good
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Figure 7-3 -Refer to Figure 7-3. If the Price of the Good

Question 45

Question 45

Multiple Choice

Figure 7-3
Figure 7-3    -Refer to Figure 7-3. If the price of the good is $13.00, then producer surplus is A) $17.00. B) $16.00. C) $17.50. D) $6.00.
-Refer to Figure 7-3. If the price of the good is $13.00, then producer surplus is


A) $17.00.
B) $16.00.
C) $17.50.
D) $6.00.

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