Table 7-16 -Refer to Table 7-16. Both the Demand Curve and the Curve

question 126

Multiple Choice

Table 7-16
-Refer to Table 7-16. Both the demand curve and the supply curve are straight lines. If the price is $4 but only 6 units are bought and sold, total surplus will be

• A)$42.
• B)$48.
• C)$54.
• D)$60.

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