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Refer to the Figure Below

Question 116

Multiple Choice

Refer to the figure below. Refer to the figure below. If a price ceiling were imposed at $4, producer surplus would be: A) $24. B) $16. C) $8. D) $4. If a price ceiling were imposed at $4, producer surplus would be:


A) $24.
B) $16.
C) $8.
D) $4.

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