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    Modern Principles of Economics Study Set 2
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    Exam 3: Business Fluctuations: Aggregate Demand and Supply
  5. Question
    Graph the Demand Curve and Calculate Consumer Surplus at Price
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Graph the Demand Curve and Calculate Consumer Surplus at Price

Question 70

Question 70

Essay

  Graph the demand curve and calculate consumer surplus at price of $2. Graph the demand curve and calculate consumer surplus at price of $2.

Correct Answer:

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Consumer surplus = 0...

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