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    Exam 7: Market Efficiency and Welfare
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    ​Exhibit 7-6 -Refer to Exhibit 7-6. If the Market Price Equals P<sub>2</sub>
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​Exhibit 7-6 -Refer to Exhibit 7-6. If the Market Price Equals P2

Question 93

Question 93

Multiple Choice

​Exhibit 7-6 ​Exhibit 7-6   -Refer to Exhibit 7-6. If the market price equals P<sub>2</sub>, producer surplus can be identified in the diagram as area:​ A) ​A + B + E. B) ​B + E. C) ​D. D) ​C + D+ F.
-Refer to Exhibit 7-6. If the market price equals P2, producer surplus can be identified in the diagram as area:​


A) ​A + B + E.
B) ​B + E.
C) ​D.
D) ​C + D+ F.

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