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    Foundations of Macroeconomics
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    Exam 6: Efficiency and Fairness of Markets
  5. Question
    -In the Figure Above,if the Market Is at Equilibrium,the Sum
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-In the Figure Above,if the Market Is at Equilibrium,the Sum

Question 47

Question 47

Multiple Choice

  -In the figure above,if the market is at equilibrium,the sum of the total consumer surplus and the total producer surplus is A)  $240. B)  $600. C)  $1,000. D)  $0. E)  $60.
-In the figure above,if the market is at equilibrium,the sum of the total consumer surplus and the total producer surplus is


A) $240.
B) $600.
C) $1,000.
D) $0.
E) $60.

Correct Answer:

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