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The Following Figure Illustrates the Market Demand Curve for Wine

Question 80

Multiple Choice

The following figure illustrates the market demand curve for wine.
The following figure illustrates the market demand curve for wine. -Refer to the figure above.What is the loss in the market-wide consumer surplus when the price of wine changes from $9 per bottle to $18 per bottle? A) $144,000 B) $30,000 C) $57,000 D) $0
-Refer to the figure above.What is the loss in the market-wide consumer surplus when the price of wine changes from $9 per bottle to $18 per bottle?


A) $144,000
B) $30,000
C) $57,000
D) $0

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