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  3. Study Set
    Microeconomics Study Set 15
  4. Exam
    Exam 5: Economic Efficiency , Government Price Setting and Taxes
  5. Question
    -Refer to Figure 5-1
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-Refer to Figure 5-1

Question 163

Question 163

Multiple Choice

  -Refer to Figure 5-1. If the market price is $1.00, what is Arnold's consumer surplus? A)  $1.00 B)  $2.00 C)  $6.00 D)  $7.00
-Refer to Figure 5-1. If the market price is $1.00, what is Arnold's consumer surplus?


A) $1.00
B) $2.00
C) $6.00
D) $7.00

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