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    Exam 7: Consumers, Producers, and the Efficiency of Markets.
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    Table 7-11 -Refer to Table 7-11.Both the Demand Curve and the Supply
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Table 7-11 -Refer to Table 7-11.Both the Demand Curve and the Supply

Question 201

Question 201

Multiple Choice

Table 7-11
Table 7-11    -Refer to Table 7-11.Both the demand curve and the supply curve are straight lines.At equilibrium,producer surplus is A)  $24. B)  $32. C)  $48. D)  $64.
-Refer to Table 7-11.Both the demand curve and the supply curve are straight lines.At equilibrium,producer surplus is


A) $24.
B) $32.
C) $48.
D) $64.

Correct Answer:

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