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lpn27 lpn27
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A year ago
The graph shows the market for records.
 

Assume that the area of A=71, B=25, C=5, D=52, E=3, and F=20. At Q1 ________ exceeds the ________ of records. What is consumer surplus? What is producer surplus? What is the deadweight loss?

▸ marginal cost, marginal benefit, $71, $20, $8

▸ marginal cost, marginal benefit, $96, $72, $8

▸ marginal benefit, marginal cost, $71, $20, $8

▸ marginal benefit, marginal cost, $96, $72, $8
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Macroeconomics

Macroeconomics


Edition: 3rd
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JulzMarieJulzMarie
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lpn27 Author
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A year ago
Thanks
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Good timing, thanks!
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