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  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 7: Consumers, Producers, and the Efficiency of Markets.
  5. Question
    Table 7-7 The Following Table Represents the Costs of Five Possible Sellers
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Table 7-7 The Following Table Represents the Costs of Five Possible Sellers

Question 149

Question 149

Multiple Choice

Table 7-7
The following table represents the costs of five possible sellers.
Table 7-7 The following table represents the costs of five possible sellers.    -Refer to Table 7-7.If the market price is $1,000,the producer surplus in the market is A)  $700. B)  $750. C)  $2,250. D)  $3,700.
-Refer to Table 7-7.If the market price is $1,000,the producer surplus in the market is


A) $700.
B) $750.
C) $2,250.
D) $3,700.

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