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-In the Figure Above, When the Market Is in Equilibrium

Question 377

Multiple Choice

-In the figure above, when the market is in equilibrium, total consumer surplus on all the CDs bought will be A) greater than $30 million. B) less than at any other price. C) $20 million. D) less than $15 million.
-In the figure above, when the market is in equilibrium, total consumer surplus on all the CDs bought will be


A) greater than $30 million.
B) less than at any other price.
C) $20 million.
D) less than $15 million.

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