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    Principles of Economics Study Set 8
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    Exam 7: Consumers, Producers, and the Efficiency of Markets
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    Figure 7-10 ​
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Question 124

Question 124

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Figure 7-10
Figure 7-10    ​ -Suppose John's cost for performing some carpentry work is $120. If John is paid $200 for the carpentry work, what is his producer surplus? ​
-Suppose John's cost for performing some carpentry work is $120. If John is paid $200 for the carpentry work, what is his producer surplus?

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