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Business, 25.02.2020 22:06 sweetLips230

Region a (the purple shaded area) represents the total producer surplus when the market price is $125 , while region b (the grey shaded area) representsthe change in total producer surplus when the market pricechanges from $125 to $175 .

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Region a (the purple shaded area) represents the total producer surplus when the market price is $12...

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