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Figure 3-16 -Refer to Figure 3-16.When the Price Falls from P₂ to Falls

Question 330

Multiple Choice

Figure 3-16
Figure 3-16 -Refer to Figure 3-16.When the price falls from P₂ to P₁,producer surplus A) decreases by an amount equal to C. B) decreases by an amount equal to A + B. C) decreases by an amount equal to A + C. D) increases by an amount equal to A + B.
-Refer to Figure 3-16.When the price falls from P₂ to P₁,producer surplus


A) decreases by an amount equal to C.
B) decreases by an amount equal to A + B.
C) decreases by an amount equal to A + C.
D) increases by an amount equal to A + B.

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