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    Exam 4: Economic Efficiency, Government Price Setting, and Taxes
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    In a Competitive Market, the Demand Curve Shows the ________
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In a Competitive Market, the Demand Curve Shows the ________

Question 4

Question 4

Multiple Choice

In a competitive market, the demand curve shows the ________ received by consumers and the supply curve shows the ________.


A) utility; average cost.
B) marginal benefit; marginal cost
C) economic surplus; opportunity cost
D) net benefit; net cost

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