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Quantitative Analysis of Price Ceilings and Price Floors: Finding Areas
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Quantitative Analysis of Price Ceilings and Price Floors: Finding Areas
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5. Consumer and Producer Surplus; Price Ceilings and Floors / Quantitative Analysis of Price Ceilings and Price Floors: Finding Areas / Problem 7
Problem 7
Which algebraic method can be used to calculate the area of consumer surplus?
A
Using the formula for the area of a circle.
B
Using the formula for the area of a rectangle.
C
Using the formula for the area of a trapezoid.
D
Using the formula for the area of a triangle.
0
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