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Answer e is incorrect [Q: 9-6404543] Pre-Equilibrium Welfare. The figure to the right shows a perfectly competitive market in the short-run. The equilibrium of this

Answer e is incorrect

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[Q: 9-6404543] Pre-Equilibrium Welfare. The figure to the right shows a perfectly competitive market in the short-run. The equilibrium of this market occurs where 40 units are sold for $40 each. However, the producers have yet to adjust their inventory levels to reach this equilibrium and are currently supplying 50 units to the market. Which area of the graph represents the change in producer surplus when this market moves from its current state to the market equilibrium? Supply O A. C +F O B. C + F + G +H+J OC. B + C +D X CO OD. D - G - H- J LL OE. F - B O Demand 30 40 50 O

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