Scenario 7-2
Suppose market demand and market supply are given by the equations: 
-Refer to Scenario 7-2.Suppose a reduction in input prices shifts the market supply curve to 
By how much does total producer surplus increase as a result of this supply shift?
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Suppose market demand and market supply
1)Total Surplus =
Suppose market demand and market supply
Suppose market demand and market supply
Suppose market demand and market supply
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