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    Principles of Economics
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    Exam 8: Application: the Costs of Taxation
  5. Question
    Figure 8-1 -Refer to Figure 8-1.When the Market Is in Equilibrium,total Surplus
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Figure 8-1 -Refer to Figure 8-1.When the Market Is in Equilibrium,total Surplus

Question 10

Question 10

Multiple Choice

Figure 8-1
Figure 8-1    -Refer to Figure 8-1.When the market is in equilibrium,total surplus is represented by area A) A + B. B) B + C. C) C + D. D) A + D.
-Refer to Figure 8-1.When the market is in equilibrium,total surplus is represented by area


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

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