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Answer to Question #207869 in Economics for Paballo

Question #207869

What statement about the graph below is correct?

 

  •  A. Producer surplus is equal to area P3P2E
  •  B. Producer surplus is equal to area P20Q1E
  •  C. Consumer surplus is equal to area P30Q1
  •  D. Consumer surplus is equal to area P3P2E
1
Expert's answer
2021-06-21T14:33:24-0400
  •  A. Producer surplus is equal to area P3P2E

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