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Lighting2551 Lighting2551
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4 years 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

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Nikki_LYNNNikki_LYNN
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