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-In the Figure Above,the Equilibrium Market Price Is $20

Question 113

Multiple Choice

-In the figure above,the equilibrium market price is $20.Area A is the A) marginal cost of 150th unit. B) willingness to pay for the 150th unit. C) producer surplus. D) consumer surplus. E) marginal benefit of 150th unit.
-In the figure above,the equilibrium market price is $20.Area A is the


A) marginal cost of 150th unit.
B) willingness to pay for the 150th unit.
C) producer surplus.
D) consumer surplus.
E) marginal benefit of 150th unit.

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