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Figure 7-2 -Refer to Figure 7-2.When the Price Falls from P₁ to Falls

Question 207

Multiple Choice

Figure 7-2
Figure 7-2 -Refer to Figure 7-2.When the price falls from P₁ to P₂,which area represents the increase in consumer surplus to existing buyers A) ABD B) ACF C) BCED D) DEF
-Refer to Figure 7-2.When the price falls from P₁ to P₂,which area represents the increase in consumer surplus to existing buyers


A) ABD
B) ACF
C) BCED
D) DEF

Correct Answer:

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