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Figure: Determining Total Surplus
-(Figure: Determining Total Surplus)In this graph,total surplus is shown by area:

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Use the following to answer questions 
Figure: Determining Total Surplus 
-(Figure: Determining Total Surplus)In this graph,total surplus is shown by area:

Quizplus · Accepted Answer

Total surplus is the sum of consumer surplus and producer surplus, which is represented by the area of the triangle ACE. The areas ACDF and ABE do not represent total surplus. BCE only represents producer surplus.

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