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    Business
  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 7: Consumers, Producers, and the Efficiency of Markets.
  5. Question
    Figure 7-13 -Refer to Figure 7-13.If the Price of the Good Is
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Figure 7-13 -Refer to Figure 7-13.If the Price of the Good Is

Question 27

Question 27

Multiple Choice

Figure 7-13
Figure 7-13    -Refer to Figure 7-13.If the price of the good is $500,then producer surplus amounts to A)  $450. B)  $575. C)  $700. D)  $800.
-Refer to Figure 7-13.If the price of the good is $500,then producer surplus amounts to


A) $450.
B) $575.
C) $700.
D) $800.

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