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Figure 7-9 -Refer to Figure 7-9.If the Supply Curve Is S and Curve

Question 264

Multiple Choice

Figure 7-9
Figure 7-9 -Refer to Figure 7-9.If the supply curve is S and the demand curve shifts from D to D',what is the change in producer surplus? A) Producer surplus increases by $3,125. B) Producer surplus increases by $5,625. C) Producer surplus decreases by $3,125. D) Producer surplus decreases by $5,625.
-Refer to Figure 7-9.If the supply curve is S and the demand curve shifts from D to D',what is the change in producer surplus?


A) Producer surplus increases by $3,125.
B) Producer surplus increases by $5,625.
C) Producer surplus decreases by $3,125.
D) Producer surplus decreases by $5,625.

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