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Supply $5 A $4 G E F Price H Demand 800 1200 1600 Quantity Reference: Ref 4-1 The demand and supply curves in the market

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Supply $5 A $4 G E F Price H Demand 800 1200 1600 Quantity Reference: Ref 4-1 The demand and supply curves in the market for laundry detergent are illustrated in the graph. At the equilibrium price, consumer surplus is given by the area OAA + B +E O B ) B + C +D OCC + D + F OD ) H + 1

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