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Question 8 (1 point) (Figure: Consumer and Producer Surplus in the Market for Sandals) Consider the figure Consumer and Producer Surplus in the Market for

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Question 8 (1 point) (Figure: Consumer and Producer Surplus in the Market for Sandals) Consider the figure Consumer and Producer Surplus in the Market for Sandals. If the price is held below the equilibrium level, the producer surplus will be if the market were in equilibrium, and the total surplus will be if the market were in equilibrium. Price of sandals 30 0 1000 Quantity of sandals per month () greater than; the same as () greater than; less than () less than; less than () less than; the same as

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