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According to the Graph Shown,if the Market Goes from Equilibrium

Question 78

Multiple Choice

According to the graph shown,if the market goes from equilibrium to having its price set at $10 then: A) area (C + E) is deadweight loss. B) area B is transferred surplus from consumers to producers. C) $12 of surplus gets transferred from consumers to producers. D) All of these are true. According to the graph shown,if the market goes from equilibrium to having its price set at $10 then:


A) area (C + E) is deadweight loss.
B) area B is transferred surplus from consumers to producers.
C) $12 of surplus gets transferred from consumers to producers.
D) All of these are true.

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