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Suppose the Market Equilibrium Price of Widgets Is $10 Total Consumer Surplus Is
A)$20
B)$17
C)$14
D)$2
Multiple Choice
Suppose the market equilibrium price of widgets is $10.The following table lists the willingness to pay for the four consumers in the market. Total consumer surplus is
A) $20
B) $17
C) $14
D) $2
Correct Answer:
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