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    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Producer Surplus
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    Figure 7-12 -Refer to Figure 7-12.If the Equilibrium Price Rises from $200
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Figure 7-12 -Refer to Figure 7-12.If the Equilibrium Price Rises from $200

Question 15

Question 15

Multiple Choice

Figure 7-12 Figure 7-12   -Refer to Figure 7-12.If the equilibrium price rises from $200 to $350,what is the producer surplus to new producers? A) $15,000 B) $3,750 C) $7,500 D) $30,000
-Refer to Figure 7-12.If the equilibrium price rises from $200 to $350,what is the producer surplus to new producers?


A) $15,000
B) $3,750
C) $7,500
D) $30,000

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