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    Principles of Microeconomics
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    Exam 7: Consumers, Producers, and the Efficiency of Markets.
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    Figure 7-8 -Refer to Figure 7-8.When the Price Rises from P1 to Rises
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Figure 7-8 -Refer to Figure 7-8.When the Price Rises from P1 to Rises

Question 62

Question 62

Multiple Choice

Figure 7-8
Figure 7-8    -Refer to Figure 7-8.When the price rises from P1 to P2,which area represents the increase in producer surplus to existing producers? A)  BCG B)  ACH C)  DGH D)  ABGD
-Refer to Figure 7-8.When the price rises from P1 to P2,which area represents the increase in producer surplus to existing producers?


A) BCG
B) ACH
C) DGH
D) ABGD

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