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Figure 7-16 -Refer to Figure 7-16.Suppose the Price of the Good Is

Question 68

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Figure 7-16 Figure 7-16 -Refer to Figure 7-16.Suppose the price of the good is $450.Then,on the first unit of the good that is sold,producer surplus is A) $250,and on the second unit of the good that is sold,producer surplus is $100. B) $250,and on the second unit of the good that is sold,producer surplus is $150. C) $350,and on the second unit of the good that is sold,producer surplus is $100. D) $350,and on the second unit of the good that is sold,producer surplus is $150.
-Refer to Figure 7-16.Suppose the price of the good is $450.Then,on the first unit of the good that is sold,producer surplus is


A) $250,and on the second unit of the good that is sold,producer surplus is $100.
B) $250,and on the second unit of the good that is sold,producer surplus is $150.
C) $350,and on the second unit of the good that is sold,producer surplus is $100.
D) $350,and on the second unit of the good that is sold,producer surplus is $150.

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