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  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 6: Efficiency and Fairness of Markets
  5. Question
    -In the Above Figure,the Market Is at Its Equilibrium
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-In the Above Figure,the Market Is at Its Equilibrium

Question 181

Question 181

Multiple Choice

  -In the above figure,the market is at its equilibrium.Area A + area B is equal to A)  consumer surplus. B)  total revenue. C)  total surplus. D)  marginal benefit. E)  producer surplus.
-In the above figure,the market is at its equilibrium.Area A + area B is equal to


A) consumer surplus.
B) total revenue.
C) total surplus.
D) marginal benefit.
E) producer surplus.

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