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    Exam 3: The Concept of Elasticity and Consumer and Producer Surplus
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    If Supply and Demand Are Both Straight Lines, Then at Equilibrium
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If Supply and Demand Are Both Straight Lines, Then at Equilibrium

Question 29

Question 29

Multiple Choice

If supply and demand are both straight lines, then at equilibrium consumer and producer surplus are both


A) equal.
B) shown as trapezoids.
C) shown as squares.
D) shown as triangles.

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