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    International Economics Study Set 6
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    Exam 6: The Theory of Tariffs and Quotas
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    Consumer Surplus Is Equal to the Area
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Consumer Surplus Is Equal to the Area

Question 45

Question 45

Multiple Choice

Consumer surplus is equal to the area


A) under the demand curve and above the supply curve.
B) above the supply curve and below the price line.
C) under the demand curve.
D) under the demand curve and above the price line.

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