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    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Consumer Surplus
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    Consumer Surplus
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Consumer Surplus

Question 43

Question 43

Multiple Choice

Consumer surplus


A) is closely related to the supply curve for a product.
B) is represented by a rectangle on a supply-demand graph when the demand curve is a straight,downward-sloping line.
C) is measured using the demand curve for a product.
D) does not reflect economic well-being in most markets.

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