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Refer to Figure 9.1.1 above. If the market is in equilibrium, the producer surplus earned by the seller of the 1st unit is:
选项：

A:$5.00.
B:$10.00.
C:$15.00.
D:$20.00.
E:$40.00.

发布时间：2024-05-08 23:36:36

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7.Refer to Figure 9.4.1 above. Suppose the government raises the price of cheese above the market equilibrium level (P0) by imposing a high minimum price and purchasing all of the excess supply from the market, and these quantities are destroyed. Based on the areas in the figure below, what is the change in producer surplus after this policy is adopted? 选项： A:Producers lose area c but gain area a. B:Producers lose area c but gain area a+b. C:Producers gain a. D:Producers gain area a+b+d.
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9.Refer to the figure above. The equilibrium price in this market is:A.less than $40.B.nonexistent.C.greater than $50.D.between $40 and $50.
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11.If a market is allowed to adjust freely to its equilibrium price and quantity, then an increase in demand will选项： A:increase producer surplus.; B:reduce producer surplus.; C:not affect producer surplus.; D:Any answer is possible.
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18.Figure 4.3 represents the domestic market for gasoline in the United States. What is the producer surplus in this market? 选项： A: 60 gallons of gasoline B: $120 C: $60 D: $3

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Refer to Figure 9.1.1 above. If the market is in equilibrium, the producer surplus earned by the seller of the 1st unit is: 选项： A:$5.00. B:$10.00. C:$15.00. D:$20.00. E:$40.00.

Refer to Figure 9.1.1 above. If the market is in equilibrium, the producer surplus earned by the seller of the 1st unit is:
选项：

A:$5.00.
B:$10.00.
C:$15.00.
D:$20.00.
E:$40.00.