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    Microeconomics Study Set 40
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    Exam 4: Consumer and Producer Surplus
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    If a Frost Destroys Much of the Grapefruit Crop, Total
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If a Frost Destroys Much of the Grapefruit Crop, Total

Question 96

Question 96

Multiple Choice

If a frost destroys much of the grapefruit crop, total surplus:


A) will increase.
B) will decrease.
C) will not change.
D) may change, but we cannot determine the change without more information.

Correct Answer:

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