Total surplus in a market is the excess of the number of consumers above the optimum number.
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Q187: Total surplus shows the total benefit to
Q188: Property rights and the role of prices
Q189: Efficiency addresses the best way to achieve
Q190: There is a trade-off between equity and
Q191: When there is a positive amount of
Q193: The gains from trade are the reason
Q194: The total surplus generated in the market
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Q196: If property rights are restricted by government
Q197: Total surplus is the excess of consumer
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