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QUESTION 4 Assume that the market equilibrium occurs at price P' and quantity Q . Which coordinate area represents producer surplus when a price ceiling

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QUESTION 4 Assume that the market equilibrium occurs at price P' and quantity Q . Which coordinate area represents producer surplus when a price ceiling is set at P-? P S (b) (c) P1 (f) g P2 I(d) e) D Q2 Q1 (1)(c)(e) (a)(c)(f) (9)(d)(e) (b)(c)(d)

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