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Exhibit 7-2 Refer to Exhibit 7-2

Question 26

Multiple Choice

Exhibit 7-2 Exhibit 7-2 Refer to Exhibit 7-2.What is the consumer surplus of the 2<sup>nd</sup> unit consumed assuming this market reaches equilibrium? A) $1.00 B) $2.00 C) $3.00 D) $7.00 Refer to Exhibit 7-2.What is the consumer surplus of the 2nd unit consumed assuming this market reaches equilibrium?


A) $1.00
B) $2.00
C) $3.00
D) $7.00

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