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The Demand and Supply Curves in the Market for Gasoline

question 13

Multiple Choice

The demand and supply curves in the market for gasoline are illustrated in the graph below. The demand and supply curves in the market for gasoline are illustrated in the graph below.   Starting at the equilibrium point,if the government imposes a price ceiling of $10,producer surplus will fall by an amount given by the area ????_____ <<PM: Fill in the blank?>> A) A. B) B + C. C) B + E. D) C. Starting at the equilibrium point,if the government imposes a price ceiling of $10,producer surplus will fall by an amount given by the area ????_____ <>


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