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Question 13 Suppose the graph shows the market for bushels of wheat. What is consumer surplus at $35? Price 50 45 4110 25 35 30 35 20 15 10 5- H D + S r 100 200 300 400 500 600 700 800 Quantity Selected Answer: $1,000 Answers: $4,500 $1,000 $400 $100

Question 13 Suppose the graph shows the market for bushels of wheat. What is consumer surplus at $35? Price 50 45 4110 25 35 30 35 20 15 10 5- H D + S r 100 200 300 400 500 600 700 800 Quantity Selected Answer: $1,000 Answers: $4,500 $1,000 $400 $100

ECON MICRO
ECON MICRO
5th Edition
ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter4: Demand, Supply, And Markets
Section: Chapter Questions
Problem 5.9P
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Question 13 Suppose the graph shows the market for bushels of wheat. What is consumer surplus at $35? Price 50 45 4110 25 35 30 35 20 15 10 5- H D + S r 100 200 300 400 500 600 700 800 Quantity Selected Answer: $1,000 Answers: $4,500 $1,000 $400 $100
Transcribed Image Text:Question 13 Suppose the graph shows the market for bushels of wheat. What is consumer surplus at $35? Price 50 45 4110 25 35 30 35 20 15 10 5- H D + S r 100 200 300 400 500 600 700 800 Quantity Selected Answer: $1,000 Answers: $4,500 $1,000 $400 $100
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