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Author Question: The diagram below shows supply, demand, and quantity exchanged of Monday matinee movie tickets. ... (Read 26 times)

jacob816

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on: Oct 12, 2022

The diagram below shows supply, demand, and quantity exchanged of Monday matinee movie tickets. Assume it is a perfectly competitive market.



FIGURE 12-4

Refer to Figure 12-4. Suppose a disequilibrium price of $7.50 per movie ticket is imposed in this market. The consumer surplus becomes ________ and the producer surplus becomes ________.


◦ $62.50; $250
◦ $62.50; $125
◦ $2.50; $7.50
◦ $31.25; $156.25
◦ $0; $62.50
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by jacob816 on Oct 12, 2022

ahardin89

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jacob816

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

carlsona147

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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