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    Refer to the Figure Below
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Refer to the Figure Below

Question 12

Question 12

Multiple Choice

Refer to the figure below. Refer to the figure below.   If a price ceiling were imposed at point G, the loss in total economic surplus would be represented by the area ______. A) FEC B) DAC C) GJEF D) JAE + DGF If a price ceiling were imposed at point G, the loss in total economic surplus would be represented by the area ______.


A) FEC
B) DAC
C) GJEF
D) JAE + DGF

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