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​Exhibit 7-7 -Refer to Exhibit 7-7. When the Price Is P1, the Is

Question 97

Multiple Choice

​Exhibit 7-7 ​Exhibit 7-7 -Refer to Exhibit 7-7. When the price is P<sub>1</sub>, the consumer surplus is equal to the area: A) ​A B) ​C C) ​A + B D) ​A + B + C
-Refer to Exhibit 7-7. When the price is P1, the consumer surplus is equal to the area:


A) ​A
B) ​C
C) ​A + B
D) ​A + B + C

Correct Answer:

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