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Exhibit 6-17 Consider Exhibit 6-17 Which Represents the Market

Question 105

Multiple Choice

Exhibit 6-17 Exhibit 6-17 Consider Exhibit 6-17 which represents the market demand for DVDs.If the price of DVDs increases from $20 to $25, what happens to consumer's surplus? A) nothing B) decreases by $25 C) decreases by $17.50 D) increases by $17.50 E) increases by $25 Consider Exhibit 6-17 which represents the market demand for DVDs.If the price of DVDs increases from $20 to $25, what happens to consumer's surplus?


A) nothing
B) decreases by $25
C) decreases by $17.50
D) increases by $17.50
E) increases by $25

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