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Figure 7-18 -Refer to Figure 7-18.If the Price Decreases from $22 to Decreases

Question 300

Multiple Choice

Figure 7-18
Figure 7-18 -Refer to Figure 7-18.If the price decreases from $22 to $16 due to a shift in the supply curve,consumer surplus increases by A) $120. B) $360. C) $480. D) $600.
-Refer to Figure 7-18.If the price decreases from $22 to $16 due to a shift in the supply curve,consumer surplus increases by


A) $120.
B) $360.
C) $480.
D) $600.

Correct Answer:

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