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    Exam 5: Efficiency and Equity
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    -The Above Figure Illustrates the Marginal Social Benefit and Marginal
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-The Above Figure Illustrates the Marginal Social Benefit and Marginal

Question 325

Question 325

Multiple Choice

  -The above figure illustrates the marginal social benefit and marginal social cost for chicken sandwiches. If the quantity is decreased from 6 to 3 and the price increases from $3 to $4, consumer surplus will decrease by A)  $1.50. B)  $2.00. C)  $3.00. D)  $4.50.
-The above figure illustrates the marginal social benefit and marginal social cost for chicken sandwiches. If the quantity is decreased from 6 to 3 and the price increases from $3 to $4, consumer surplus will decrease by


A) $1.50.
B) $2.00.
C) $3.00.
D) $4.50.

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