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(Figure: Determining Surplus and Loss) Consider the Graph

Question 133

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(Figure: Determining Surplus and Loss) Consider the graph. If the price is raised from $8 to $12, a surplus of: (Figure: Determining Surplus and Loss) Consider the graph. If the price is raised from $8 to $12, a surplus of: A) $80 is transferred from producers to consumers. B) $80 is transferred from consumers to producers. C) $140 is transferred from producers to consumers. D) $140 is transferred from consumers to producers.


A) $80 is transferred from producers to consumers.
B) $80 is transferred from consumers to producers.
C) $140 is transferred from producers to consumers.
D) $140 is transferred from consumers to producers.

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