Total surplus:
A) can never be zero.
B) can never fall below zero.
C) is always above zero.
D) is less than the consumer surplus.

Name: Total surplus: A) can never be zero. B) can never fall below zero. C) is always above zero. D) is less than the consumer surplus.
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Question

Quizplus · Accepted Answer

Total surplus, which is the sum of consumer surplus and producer surplus, can be zero if there is no trade or market activity, but it cannot be negative.

Total Surplus