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(Figure: Interpreting Surplus) in the Supply/demand Graph

Question 94

Multiple Choice

(Figure: Interpreting Surplus) In the supply/demand graph (Figure: Interpreting Surplus) In the supply/demand graph A) consumer surplus is $50,000 and producer surplus is $100,000. B) total market surplus is $200,000. C) total market surplus is $50,000. D) consumer surplus is larger than producer surplus.


A) consumer surplus is $50,000 and producer surplus is $100,000.
B) total market surplus is $200,000.
C) total market surplus is $50,000.
D) consumer surplus is larger than producer surplus.

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