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Consider the following information: Price Quantity domestically supplied Quantity domestically demanded $40 $35 $30 $25 $20 $15 $10 $5 $o 2,000 1,750 1,500 1,250 1,000 750 500 250 250 500 750 1,000 1,250 1,500 1,750 2,000 If there is no trade, what is the total surplus? o $10,000 $20,000 $40,000 o $80,000 Not enough information
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