8. Refer to Figure 7-2. Which area represents consumer surplus at a price of P2? 9. Refer to Table 5-2. Which of the three supply curves represents

8. Refer to Figure 7-2. Which area represents consumer surplus at a price of P2? 9. Refer to Table 5-2. Which of the three supply curves represents the least elastic supply? A. supply curve B b. supply curve C c. supply curve A d. There is no difference in the elasticity of the three supply curves.

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