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Exhibit 7-2 Refer to Exhibit 7-2

Question 37

Multiple Choice

Exhibit 7-2 Exhibit 7-2 Refer to Exhibit 7-2.What is the producer surplus of the 1<sup>st</sup> unit sold 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 producer surplus of the 1st unit sold assuming this market reaches equilibrium?


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

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