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14 2 points Price of Shoes 120 100 80 Price ($/pair) 60 40 20 10 Quantity (10,000 pair /year) Refer to the graph above and
14 2 points Price of Shoes 120 100 80 Price ($/pair) 60 40 20 10 Quantity (10,000 pair /year) Refer to the graph above and assuming it represents the market, what is the total consumer surplus in the market? C $1,200,000 per year $2,400,000 per year $400,000 per year O $800,000 per year
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