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Question 70

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Use the following to answer questions:
Figure: Costs of Price Ceilings 2 Use the following to answer questions: Figure: Costs of Price Ceilings 2   -(Figure: Costs of Price Ceilings 2)  Refer to the figure. What is the dollar amount of lost producer surplus after the price ceiling of $4 has been implemented? A)  $90 B)  $10 C)  $160 D)  $80
-(Figure: Costs of Price Ceilings 2) Refer to the figure. What is the dollar amount of lost producer surplus after the price ceiling of $4 has been implemented?


A) $90
B) $10
C) $160
D) $80

Correct Answer:

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