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Figure 7-11 -Refer to Figure 7-11.If the Supply Curve Is S and Is

Question 20

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Figure 7-11 Figure 7-11 -Refer to Figure 7-11.If the supply curve is S and the demand curve shifts from D to D',what is the increase in producer surplus due to new producers entering the market? A) $625 B) $2,500 C) $3,125 D) $5,625
-Refer to Figure 7-11.If the supply curve is S and the demand curve shifts from D to D',what is the increase in producer surplus due to new producers entering the market?


A) $625
B) $2,500
C) $3,125
D) $5,625

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