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    Microeconomics Theory and Applications
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    Exam 9: Properties and Applications of the Competitive Model
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    Suppose the Inverse Supply Curve in a Market Is Q
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Suppose the Inverse Supply Curve in a Market Is Q

Question 15

Question 15

Multiple Choice

Suppose the inverse supply curve in a market is Q = 6p².What is the producer surplus when price is equal to 4?


A) 96
B) 128
C) 28
D) 48

Correct Answer:

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