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  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 7: Consumers Producers and the Efficiency of Markets: Producer Surplus
  5. Question
    Figure 7-16 -Refer to Figure 7-16.If the Price of the Good Is
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Figure 7-16 -Refer to Figure 7-16.If the Price of the Good Is

Question 31

Question 31

Multiple Choice

Figure 7-16 Figure 7-16   -Refer to Figure 7-16.If the price of the good is $500,then producer surplus amounts to A) $450. B) $575. C) $700. D) $800.
-Refer to Figure 7-16.If the price of the good is $500,then producer surplus amounts to


A) $450.
B) $575.
C) $700.
D) $800.

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