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Exhibit 3A-1 Comparison of Market Efficiency and Deadweight Loss

Question 398

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Exhibit 3A-1 Comparison of Market Efficiency and Deadweight Loss Exhibit 3A-1 Comparison of Market Efficiency and Deadweight Loss -As shown in Exhibit 3A-1, if the market price falls from $3.00 to $2.00, then: A) consumer surplus increases. B) producer surplus increases. C) deadweight loss is eliminated. D) all of these are true.
-As shown in Exhibit 3A-1, if the market price falls from $3.00 to $2.00, then:


A) consumer surplus increases.
B) producer surplus increases.
C) deadweight loss is eliminated.
D) all of these are true.

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