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    Exam 7: Market Efficiency and Welfare
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    Exhibit 7-11 Refer to Exhibit 7-11
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Exhibit 7-11 Refer to Exhibit 7-11

Question 79

Question 79

Multiple Choice

Exhibit 7-11 Exhibit 7-11   Refer to Exhibit 7-11.The producer surplus after the price ceiling is area A)  d + e B)  f C)  a D)  a + b + d + f Refer to Exhibit 7-11.The producer surplus after the price ceiling is area


A) d + e
B) f
C) a
D) a + b + d + f

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