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Figure 7-12 -Refer to Figure 7-12.When the Price Falls from P2 to Falls

Question 346

Multiple Choice

Figure 7-12
Figure 7-12 -Refer to Figure 7-12.When the price falls from P2 to P1,producer surplus A) decreases by an amount equal to C. B) decreases by an amount equal to A+B. C) decreases by an amount equal to A+C. D) increases by an amount equal to A+B
-Refer to Figure 7-12.When the price falls from P2 to P1,producer surplus


A) decreases by an amount equal to C.
B) decreases by an amount equal to A+B.
C) decreases by an amount equal to A+C.
D) increases by an amount equal to A+B

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