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Figure 7-11 -Refer to Figure 7-11.When the Price Falls from P2 to from P2

Question 124

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Figure 7-11 Figure 7-11 -Refer to Figure 7-11.When the price falls from P2 to P1,producer surplus A) decreases by an amount equal to C. B) decreases by an amount equal to A+B. C) decreases by an amount equal to A+C. D) increases by an amount equal to A+B.
-Refer to Figure 7-11.When the price falls from P2 to P1,producer surplus


A) decreases by an amount equal to C.
B) decreases by an amount equal to A+B.
C) decreases by an amount equal to A+C.
D) increases by an amount equal to A+B.

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