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    Microeconomics Theory Study Set 1
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    Exam 9: Properties and Applications of the Competitive Model
  5. Question
    Suppose the Market Supply Curve Is P = 5Q
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Suppose the Market Supply Curve Is P = 5Q

Question 2

Question 2

Multiple Choice

Suppose the market supply curve is p = 5Q.If price increases from 10 to 15,the change in producer surplus is


A) 25.
B) 5.
C) 12.5.
D) 20.

Correct Answer:

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