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    Microeconomics Study Set 10
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    Exam 5: Efficiency
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    According to the Graph Shown,if the Market Goes from Equilibrium
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According to the Graph Shown,if the Market Goes from Equilibrium

Question 89

Question 89

Multiple Choice

  According to the graph shown,if the market goes from equilibrium to having its price set at $10: A)  deadweight loss will occur. B)  seven fewer units will be exchanged. C)  consumer surplus will decrease. D)  All of these are true. According to the graph shown,if the market goes from equilibrium to having its price set at $10:


A) deadweight loss will occur.
B) seven fewer units will be exchanged.
C) consumer surplus will decrease.
D) All of these are true.

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