7 Draw the supply and demand for roses. In the equilibrium, show producer and consumer surplus. Explain

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7 Draw the supply and demand for roses. In the equilibrium, show producer and consumer surplus. Explain why producing more roses would lower total surplus.

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Principles Of Microeconomics

ISBN: 125206

8th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw

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