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    Principles of Microeconomics
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    Exam 7: Consumers, Producers, and the Efficiency of Markets.
  5. Question
    Figure 7-9 -Refer to Figure 7-9.If the Supply Curve Is S and Curve
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Figure 7-9 -Refer to Figure 7-9.If the Supply Curve Is S and Curve

Question 234

Question 234

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 increase in producer surplus due to new producers entering the market? A)  $625 B)  $2,500 C)  $3,125 D)  $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 increase in producer surplus due to new producers entering the market?


A) $625
B) $2,500
C) $3,125
D) $5,625

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