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-In the Above Figure, Suppose That the Government Sets a Limit

Question 142

Multiple Choice

-In the above figure, suppose that the government sets a limit to production at 10 units of output and the price rises to $4. In comparison to a competitive market the consumer surplus would fall by A) $0. B) $10. C) $15. D) $20.
-In the above figure, suppose that the government sets a limit to production at 10 units of output and the price rises to $4. In comparison to a competitive market the consumer surplus would fall by


A) $0.
B) $10.
C) $15.
D) $20.

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