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    Exploring Economics Study Set 1
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    Exam 7: Market Efficiency and Welfare
  5. Question
    The Area Between the Market Price and the Demand Curve
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The Area Between the Market Price and the Demand Curve

Question 26

Question 26

Multiple Choice

The area between the market price and the demand curve provides a measure of:


A) ​consumer surplus.
B) ​producer surplus.
C) ​consumer surplus plus producer surplus.
D) ​marginal utility.

Correct Answer:

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