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FIGURE 6-7 -Refer to Figure 6-7.Suppose That Price Is P0.The Market Value

Question 9

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  FIGURE 6-7 -Refer to Figure 6-7.Suppose that price is P<sub>0</sub>.The market value of the quantity purchased is given by the area A) under the demand curve to the left of Q<sub>0</sub>. B) under the demand curve. C) below P<sub>0</sub> and to the left of Q<sub>0</sub>. D) under the demand curve and above P<sub>0</sub>. E) under the demand curve and to the right of Q<sub>0</sub>. FIGURE 6-7
-Refer to Figure 6-7.Suppose that price is P0.The market value of the quantity purchased is given by the area


A) under the demand curve to the left of Q0.
B) under the demand curve.
C) below P0 and to the left of Q0.
D) under the demand curve and above P0.
E) under the demand curve and to the right of Q0.

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