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  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 7: Consumers, producers, and the Efficiency of Markets
  5. Question
    The Area Above the Demand Curve and Below the Price
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The Area Above the Demand Curve and Below the Price

Question 120

Question 120

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The area above the demand curve and below the price measures the consumer surplus in a market.

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