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Posts: 212
A month ago



In Figure 6.2 the price is $20 and the shaded area represents:

▸ market equilibrium.

▸ consumer surplus.

▸ a price ceiling.

▸ producer surplus.
Textbook 

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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wrote...
Posts: 249
A month ago
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producer surplus.
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