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    Exam 4: Consumer and Producer Surplus
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    (Table: Willingness to Pay for Peanuts) Look at the Table
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(Table: Willingness to Pay for Peanuts) Look at the Table

Question 54

Question 54

Essay

(Table: Willingness to Pay for Peanuts) Look at the table Willingness to Pay for Peanuts.If the price of a bag of peanuts is $6, what is the total value of consumer surplus?
A.$4
B.$3
C.$6
D.$10

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