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Exhibit 7-4 the Schedule Below Shows the Prices That a Consumer

Question 66

Multiple Choice

Exhibit 7-4 The schedule below shows the prices that a consumer is willing to pay for pounds of shrimp:
Exhibit 7-4 The schedule below shows the prices that a consumer is willing to pay for pounds of shrimp: Refer to Exhibit 7-4.If the price of shrimp is $12 per pound,according to the schedule total consumer surplus equals: A) $8. B) $12. C) $14. D) $36. Refer to Exhibit 7-4.If the price of shrimp is $12 per pound,according to the schedule total consumer surplus equals:


A) $8.
B) $12.
C) $14.
D) $36.

Correct Answer:

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