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    Exam 3: Demand, Supply, and the Market Process
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    Figure 3-18 Refer to Figure 3-18. Which Area Represents Consumer Surplus at Consumer
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Figure 3-18 Refer to Figure 3-18. Which Area Represents Consumer Surplus at Consumer

Question 25

Question 25

Multiple Choice

Figure 3-18 Figure 3-18   Refer to Figure 3-18. Which area represents consumer surplus at a price of P <sub>1</sub>? A)  ABD B)  ACF C)  BCDE D)  DEF
Refer to Figure 3-18. Which area represents consumer surplus at a price of P 1?


A) ABD
B) ACF
C) BCDE
D) DEF

Correct Answer:

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