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    Principles of Economics Study Set 8
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    Exam 7: Consumers, Producers, and the Efficiency of Markets
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    Figure 7-5 -Refer to Figure 7-5. If the Supply Curve Is S
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Figure 7-5 -Refer to Figure 7-5. If the Supply Curve Is S

Question 65

Question 65

Multiple Choice

Figure 7-5
Figure 7-5    -Refer to Figure 7-5. If the supply curve is S and the demand curve shifts from D to D', what is the increase in producer surplus to existing producers? A) $625 B) $2,500 C) $3,125 D) $5,625
-Refer to Figure 7-5. If the supply curve is S and the demand curve shifts from D to D', what is the increase in producer surplus to existing producers?


A) $625
B) $2,500
C) $3,125
D) $5,625

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