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-Refer to Figure Above

Question 3

Multiple Choice

-Refer to Figure above. If the price is $1,500, then consumer surplus is equal to A) $175,000 B) $535,000 C) $1,000 D) $262,500
-Refer to Figure above. If the price is $1,500, then consumer surplus is equal to


A) $175,000
B) $535,000
C) $1,000
D) $262,500

Correct Answer:

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