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17. Refer to Figure 3. Suppose the market shown is perfectly competitive. What is the amount of total producer surplus? a) $6,250 b) $11,250 c)

17. Refer to Figure 3. Suppose the market shown is perfectly competitive. What is the amount of total producer surplus? a) $6,250 b) $11,250 c) $12,500 :1) $18,750

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