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    Exam 3: Demand, Supply, and the Market Process
  5. Question
    Table 3-2 Refer to Table 3-2. If the Market Price Is
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Table 3-2 Refer to Table 3-2. If the Market Price Is

Question 33

Question 33

Multiple Choice

Table 3-2
Table 3-2   Refer to Table 3-2. If the market price is $1,000, the producer surplus in the market is A)  $700. B)  $750. C)  $2,250. D)  $3,700. Refer to Table 3-2. If the market price is $1,000, the producer surplus in the market is


A) $700.
B) $750.
C) $2,250.
D) $3,700.

Correct Answer:

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