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Table 7-11

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-Refer to Table 7-11

Question 198

Multiple Choice

Table 7-11


 Price  (Dollars per unit)   Quantity Demanded  (Units)   Quantity Supplied  (Units)  12.0003610.003308.006246.009184.0012122.001560.00180\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { Price } \\\text { (Dollars per unit) }\end{array} & \begin{array} { c } \text { Quantity Demanded } \\\text { (Units) }\end{array} & \begin{array} { c } \text { Quantity Supplied } \\\text { (Units) }\end{array} \\\hline 12.00 & 0 & 36 \\\hline 10.00 & 3 & 30 \\\hline 8.00 & 6 & 24 \\\hline 6.00 & 9 & 18 \\\hline 4.00 & 12 & 12 \\\hline 2.00 & 15 & 6 \\\hline 0.00 & 18 & 0 \\\hline\end{array}
-Refer to Table 7-11. At a price of $2.00, total surplus is


A) larger than it would be at the equilibrium price.
B) smaller than it would be at the equilibrium price.
C) the same as it would be at the equilibrium price.
D) There is insufficient information to make this determination.

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