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After a Price Ceiling of $8 Is Placed on the Market

Question 23

Multiple Choice

  After a price ceiling of $8 is placed on the market in the graph shown,which area represents consumer surplus? A)  A + C B)  A + B C)  A + B + C D)  A + B + C + D + F + G After a price ceiling of $8 is placed on the market in the graph shown,which area represents consumer surplus?


A) A + C
B) A + B
C) A + B + C
D) A + B + C + D + F + G

Correct Answer:

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