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    Economics Today
  4. Exam
    Exam 3: Demand and Supply
  5. Question
    -Refer to the Above Figure
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-Refer to the Above Figure

Question 101

Question 101

Multiple Choice

  -Refer to the above figure. The highest price that consumers would be willing to pay for quantity Q<sub>2</sub> is A)  P<sub>2</sub>. B)  P<sub>0</sub>. C)  P<sub>1</sub>. D)  cannot be determined from the diagram.
-Refer to the above figure. The highest price that consumers would be willing to pay for quantity Q2 is


A) P2.
B) P0.
C) P1.
D) cannot be determined from the diagram.

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