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What Is Total Surplus in a Market

Question 110

Multiple Choice
What is total surplus in a market
A)the total costs to sellers of providing the goods less the total value to buyers of the goods
B)the total value to buyers of the goods less the total costs to sellers of providing those goods
C)less than consumer surplus plus producer surplus
D)greater than consumer surplus plus producer surplus

What is total surplus in a market


A) the total costs to sellers of providing the goods less the total value to buyers of the goods
B) the total value to buyers of the goods less the total costs to sellers of providing those goods
C) less than consumer surplus plus producer surplus
D) greater than consumer surplus plus producer surplus

Correct Answer:

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