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Honeycombs

micro economics practice test

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AP Microeconomics Multiple Choice: Choose the best answer to each question.? Each question is worth an equal amount. Answer questions 1-8 using the figure below. ????????????????????????????????????????????????????????????????????????????????????????? ? ? 1. In the figure shown, consumer surplus with free trade would be a. A. b. A + B. c. A + C + G. d. A + B + C + D + E + F. ? 2. In the figure shown, consumer surplus after the tariff would be a. A. b. A + B. c. A + C + G. d. A + B + C + D +E + F. ? 3. In the figure shown, the domestic price and quantity demanded after the tariff would be a. P1, Q1. b. P1, Q4. c. P2, Q2. d. P2, Q3. ? 4. In the figure shown, the free-trade price and quantity demanded would be a. P1, Q1. b. P1, Q4. c. P2, Q2. d. P2, Q3.
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