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    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Part A
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    Figure 7-30 -Refer to Figure 7-30.If the Market Equilibrium Price Falls from Price
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Figure 7-30 -Refer to Figure 7-30.If the Market Equilibrium Price Falls from Price

Question 1

Question 1

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Figure 7-30 Figure 7-30   -Refer to Figure 7-30.If the market equilibrium price falls from $120 to $80,how much is the change in total consumer surplus in the market?
-Refer to Figure 7-30.If the market equilibrium price falls from $120 to $80,how much is the change in total consumer surplus in the market?

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