Figure 7-2 -Refer to Figure 7-2.When the Price Rises from P1 to Rises

question 362

Multiple Choice

Figure 7-2

-Refer to Figure 7-2.When the price rises from P1 to P2,consumer surplus

• A) increases by an amount equal to A.
• B) decreases by an amount equal to B+C.
• C) increases by an amount equal to B+C.
• D) decreases by an amount equal to C.

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Trade Secret

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