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  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 6: Efficiency and Fairness of Markets
  5. Question
    -In the Figure Above,suppose the Market Is at Equilibrium
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-In the Figure Above,suppose the Market Is at Equilibrium

Question 183

Question 183

Multiple Choice

  -In the figure above,suppose the market is at equilibrium.Then area A is the A)  marginal benefit. B)  marginal cost. C)  amount of the consumer surplus. D)  amount of the producer surplus. E)  deadweight loss.
-In the figure above,suppose the market is at equilibrium.Then area A is the


A) marginal benefit.
B) marginal cost.
C) amount of the consumer surplus.
D) amount of the producer surplus.
E) deadweight loss.

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