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    Principles of Microeconomics
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    Exam 7: Consumers, Producers, and the Efficiency of Markets.
  5. Question
    Figure 7-10 -Refer to Figure 7-10.If the Equilibrium Price Rises from $50
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Figure 7-10 -Refer to Figure 7-10.If the Equilibrium Price Rises from $50

Question 214

Question 214

Multiple Choice

Figure 7-10
Figure 7-10    -Refer to Figure 7-10.If the equilibrium price rises from $50 to $200,what is the producer surplus to new producers? A)  $625 B)  $3,750 C)  $5,625 D)  $10,000
-Refer to Figure 7-10.If the equilibrium price rises from $50 to $200,what is the producer surplus to new producers?


A) $625
B) $3,750
C) $5,625
D) $10,000

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