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    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Market Efficiency
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    Figure 7-18 -Refer to Figure 7-18.Total Surplus Amounts to $500 If Consumer
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Figure 7-18 -Refer to Figure 7-18.Total Surplus Amounts to $500 If Consumer

Question 26

Question 26

Multiple Choice

Figure 7-18 Figure 7-18   -Refer to Figure 7-18.Total surplus amounts to $500 if consumer surplus amounts to A) $290 and if the price of the good is $150. B) $300 and if the price of the good is $130. C) $275 and if the price of the good is $160. D) $400 and if the price of the good is $100.
-Refer to Figure 7-18.Total surplus amounts to $500 if consumer surplus amounts to


A) $290 and if the price of the good is $150.
B) $300 and if the price of the good is $130.
C) $275 and if the price of the good is $160.
D) $400 and if the price of the good is $100.

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