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    Microeconomics Study Set 46
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    Exam 3: Using Supply and Demand to Analyze Markets
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    (Figure: Market for Grapefruits II) If the Price Per Bag
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(Figure: Market for Grapefruits II) If the Price Per Bag

Question 86

Question 86

Multiple Choice

(Figure: Market for Grapefruits II) If the price per bag of grapefruit increases from $6 to $8, producer surplus increases by: (Figure: Market for Grapefruits II)  If the price per bag of grapefruit increases from $6 to $8, producer surplus increases by:   A)  $130. B)  $50. C)  $90. D)  $40.


A) $130.
B) $50.
C) $90.
D) $40.

Correct Answer:

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