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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 89

Question 89

Multiple Choice

  -Refer to Figure 5-5. What is the value of the portion of producer surplus transferred to consumers as a result of the rent ceiling? A)  $40 000 B)  $100 000 C)  $125 000 D)  $140 000
-Refer to Figure 5-5. What is the value of the portion of producer surplus transferred to consumers as a result of the rent ceiling?


A) $40 000
B) $100 000
C) $125 000
D) $140 000

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