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Figure 7-3 -Refer to Figure 7-3.When the Price Rises from P1 to from P1

Question 50

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Figure 7-3 Figure 7-3 -Refer to Figure 7-3.When the price rises from P1 to P2,consumer surplus A) increases by an amount equal to A. B) decreases by an amount equal to B+C. C) increases by an amount equal to B+C. D) decreases by an amount equal to C.
-Refer to Figure 7-3.When the price rises from P1 to P2,consumer surplus


A) increases by an amount equal to A.
B) decreases by an amount equal to B+C.
C) increases by an amount equal to B+C.
D) decreases by an amount equal to C.

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