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The total surplus in this perfectly competitive market (when the equilibrium price=$50 and the equilibrium quantity=50) is: a. $0 b. $100 c. $1,000 d. $2,500

The total surplus in this perfectly competitive market (when the equilibrium price=$50 and the equilibrium quantity=50) is: a. $0 b. $100 c. $1,000 d. $2,500

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