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Use the Figure the Net Loss to Society Due to the Overproduction

Question 21

Multiple Choice

Use the figure The Net Loss to Society Due to the Overproduction of a Good. What is the correct way to calculate the area of the shaded triangle in this graph?

Figure: The Net Loss to Society Due to the Overproduction of a Good
Use the figure The Net Loss to Society Due to the Overproduction of a Good. What is the correct way to calculate the area of the shaded triangle in this graph? ​ Figure: The Net Loss to Society Due to the Overproduction of a Good   A)  $25 × $23 B)  $15 × $23 C)  ($25 - $15)  × ($27 - $23)  D)  [($25 - $15)  × ($27- $23) ] / 2


A) $25 × $23
B) $15 × $23
C) ($25 - $15) × ($27 - $23)
D) [($25 - $15) × ($27- $23) ] / 2

Correct Answer:

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