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QUESTION 7 Consider the following supply and demand curves Price = 35-40 Price = 3'Q Market for Good x 40 35 30 25 Price 20

QUESTION 7 Consider the following supply and demand curves Price = 35-40 Price = 3'Q Market for Good x 40 35 30 25 Price 20 15 10 5 0 1 2 3 6 00 9 4 5 Quantity Given this information find the total surplus 87.5 125 37.5 None of the above

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