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DMD _ { M } Represents Market Demand SFS _ { F }

Question 61

Multiple Choice

DMD _ { M } represents market demand, SFS _ { F } represents the fringe supply curve, DRD _ { R } represents the dominant firm's residual demand curve, MRRM R _ { R } represents the dominant firm's marginal revenue curve, and MCM C represents the dominant firm's marginal cost curve.
D _ { M }  represents market demand,  S _ { F }  represents the fringe supply curve,  D _ { R }  represents the dominant firm's residual demand curve,  M R _ { R }  represents the dominant firm's marginal revenue curve, and  M C  represents the dominant firm's marginal cost curve.    -Consider the information above. In equilibrium, what will consumer surplus be? A) $8,100 B) $9112.5 C) $9,600 D) $1,250

-Consider the information above. In equilibrium, what will consumer surplus be?


A) $8,100
B) $9112.5
C) $9,600
D) $1,250

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