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-Refer to the Figure Above

Question 114

Multiple Choice

-Refer to the figure above. If the market price of sunglasses is $50, Area A + B represents the ________. A) consumer surplus B) total surplus C) deadweight loss D) producer surplus
-Refer to the figure above. If the market price of sunglasses is $50, Area A + B represents the ________.


A) consumer surplus
B) total surplus
C) deadweight loss
D) producer surplus

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