Given the following equations, show how equation 1 can be used to derive equation 2:
1. Total surplus = Consumer surplus + Producer surplus
2. Total surplus = Value to buyers - Cost to sellers

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The Answer of Given the following equations, show how equation 1 can be used to derive equation 2:
1. Total surplus = Consumer surplus + Producer surplus
2. Total surplus = Value to buyers - Cost to sellers

Given the Following Equations, Show How Equation 1 Can Be