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Exhibit 16-5 Exhibit 16-5 Represents the Market for Leaf

Question 135

Multiple Choice

Exhibit 16-5 Exhibit 16-5   Exhibit 16-5 represents the market for leaf tobacco.In the absence of any government intervention, how much consumer surplus would there be? A) $500 B) $1, 000 C) $1, 500 D) $2, 000 E) $2, 500 Exhibit 16-5 represents the market for leaf tobacco.In the absence of any government intervention, how much consumer surplus would there be?


A) $500
B) $1, 000
C) $1, 500
D) $2, 000
E) $2, 500

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