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-In the Figure Above, Suppose the Market Is at Equilibrium

Question 99

Multiple Choice

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


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

Correct Answer:

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