Total surplus in a market can be measured as the area below the supply curve plus the area above the demand curve, up to the point of equilibrium.

Name: Total surplus in a market can be measured as the area below the supply curve plus the area above the demand curve, up to the point of equilibrium.
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Total surplus in a market is measured as the area above the supply curve and below the demand curve, up to the point of equilibrium, representing the sum of consumer and producer surplus.

Total Surplus in a Market Can Be Measured as the Area