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    Microeconomics Private and Public Choice Study Set 2
  4. Exam
    Exam 3: Demand, Supply, and the Market Process
  5. Question
    Figure 3-16 Refer to Figure 3-16
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Figure 3-16 Refer to Figure 3-16

Question 166

Question 166

Multiple Choice

Figure 3-16 Figure 3-16   Refer to Figure 3-16. When the price is P<sub>1</sub>, producer surplus is A)  A. B)  C. C)  A + B. D)  C + D. Refer to Figure 3-16. When the price is P1, producer surplus is


A) A.
B) C.
C) A + B.
D) C + D.

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