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capella234 capella234
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A year ago
Consider the pizza market, with a downward-sloping demand curve and an upward-sloping supply curve. Suppose 100 pizzas are purchased at the free-market equilibrium price. The consumer surplus on the 100th pizza is

▸ non-negative.

▸ positive.

▸ unknown.

▸ zero.

▸ negative.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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12Jfiscus12Jfiscus
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A year ago
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