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    Exam 7: Consumers, Producers, and the Efficiency of Markets
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    Table 7-17 -Refer to Table 7-17. Both the Demand Curve and the Demand
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Table 7-17 -Refer to Table 7-17. Both the Demand Curve and the Demand

Question 246

Question 246

Multiple Choice

Table 7-17
Table 7-17    -Refer to Table 7-17. Both the demand curve and the supply curve are straight lines. If the price is $4 but only 6 units are bought and sold, producer surplus will be A)  $16. B)  $18. C)  $24. D)  $26.
-Refer to Table 7-17. Both the demand curve and the supply curve are straight lines. If the price is $4 but only 6 units are bought and sold, producer surplus will be


A) $16.
B) $18.
C) $24.
D) $26.

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