Use the following to answer question:
-(Figure: The Gains from Trade) Look at the figure The Gains from Trade.What is the total surplus in this market when the demand curve is D₂ and the market is in equilibrium?

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Use the following to answer question:

-(Figure: The Gains from Trade) Look at the figure The Gains from Trade.What is the total surplus in this market when the demand curve is D₂ and the market is in equilibrium?

Quizplus · Accepted Answer

The Answer of Use the following to answer question: -(Figure: The Gains from Trade)Look at the figure The Gains from Trade.What is the total surplus in this market when the demand curve is D₂ and the market is in equilibrium? A)$31.25 B)$45.00 C)$62.50 D)$90.00

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