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This is my economics question. Figure 7-1 350 300 250+ 200 + 150 + 100 + 50 + Demand w 4 5 O 3. Refer

This is my economics question.image text in transcribed

Figure 7-1 350 300 250+ 200 + 150 + 100 + 50 + Demand w 4 5 O 3. Refer to Figure 7-1. If the price of the good is $200, then a. consumer surplus is $150. b. consumer surplus is $650. c. producer surplus is $650. d. producer surplus is $750

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