If the producer surplus in a market for a good is $36 and the consumer surplus in the market for the same good is $9,the social surplus in the market is ________.
A) $4
B) $27
C) $45
D) $324

Name: If the producer surplus in a market for a good is $36 and the consumer surplus in the market for the same good is $9,the social surplus in the market is ________. A) $4 B) $27 C) $45 D) $324
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Question

Quizplus · Accepted Answer

Social surplus is the sum of producer surplus and consumer surplus, which is $36 + $9 = $45.

If the Producer Surplus in a Market for a Good