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    Exam 3: Supply and Demand
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    If Maria Is Willing to Pay $50 for a Sweatshirt
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If Maria Is Willing to Pay $50 for a Sweatshirt

Question 34

Question 34

Multiple Choice

If Maria is willing to pay $50 for a sweatshirt, how much consumer surplus does she earn if the market price for sweatshirts is $27.50 each?


A) $27.50
B) $50.00
C) $77.50
D) $22.50

Correct Answer:

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