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MrGrimey MrGrimey
wrote...
Posts: 336
Rep: 4 0
6 years ago
The above figure shows the market for steel ingots. What is the change in consumer surplus if the market switches from competitive equilibrium to social optimum?
A) $625
B) $1250
C) $1875
D) $2500
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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6 years ago
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