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(Figure: Market for Good X II) Before the Subsidy, Producer

Question 3

Multiple Choice

(Figure: Market for Good X II) Before the subsidy, producer surplus is ____ and after the subsidy, producer surplus is ____. (Figure: Market for Good X II) Before the subsidy, producer surplus is ____ and after the subsidy, producer surplus is ____. A) $25.00; $16.00 B) $32.00; $50.00 C) $16.00; $25.00 D) $32.00; $30.00


A) $25.00; $16.00
B) $32.00; $50.00
C) $16.00; $25.00
D) $32.00; $30.00

Correct Answer:

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