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    Business
  3. Study Set
    Microeconomics Study Set 15
  4. Exam
    Exam 5: Economic Efficiency , Government Price Setting and Taxes
  5. Question
    -Refer to Figure 5-5
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-Refer to Figure 5-5

Question 60

Question 60

Multiple Choice

  -Refer to Figure 5-5. What is the value of consumer surplus after the imposition of the ceiling? A)  $120 000 B)  $230 000 C)  $270 000 D)  $430 000
-Refer to Figure 5-5. What is the value of consumer surplus after the imposition of the ceiling?


A) $120 000
B) $230 000
C) $270 000
D) $430 000

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