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# I I I I I I I I I Y I I I I I I I I I I I I I I I I I I I I I Question 8: This question refers to Graph B. Assume coffee is trading at a price of PC....

for Question 8 i put that answer because i added the CS and PS together. For question nine you lose D and E, but didn't know if the answer was B or D. Do you subtract the DWL?

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I Question 8: This question refers to Graph B. Assume coffee is trading at a price of PC. If so, the net benefits
associated with the coffee market would be equal to: a) AreaA+B+D
b) AreaA+B+C
c) AreaA+B+C+D+E|
d} AreaD+E+G Question 9: This question refers to Graph B. Assume coffee is trading at a price of P1 and Q0 is thus being traded. If
so, the net benefits associated with the coffee market would be equal to: a) AreaA+B b) AreaA+B+C c) AreaA+B+C+D+E
dl AreaA+B+C-D—E

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