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Question 49

Multiple Choice

Use the following to answer questions:
Figure: Quantity of Good X Use the following to answer questions: Figure: Quantity of Good X -(Figure: Quantity of Good X) Refer to the figure. At a price of $200, consumer surplus is: A) $20,000. B) $40,000. C) $10,000. D) $200.
-(Figure: Quantity of Good X) Refer to the figure. At a price of $200, consumer surplus is:


A) $20,000.
B) $40,000.
C) $10,000.
D) $200.

Correct Answer:

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