Question: Page 2 Ouestion 5: Using the below diagram, calculate ZOOM a) b) c) d) e) 20 Price 8 2 Total consumer expenditures Total cost to
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2 Ouestion 5: Using the below diagram, calculate ZOOM a) b) c) d) e) 20 Price 8 2 Total consumer expenditures Total cost to sellers Total consumers' surplus Total Producers' sulplus The sum of the consumers' and the producers' surplus Demand Supply Consumers' Surplus Producers' Surplus Cost to sellers Milk (1000's gallons) 6 2
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