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    Macroeconomics Study Set 57
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    Exam 5: Efficiency
  5. Question
    When the Quantity of a Good Bought and Sold Is
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When the Quantity of a Good Bought and Sold Is

Question 82

Question 82

Multiple Choice

When the quantity of a good bought and sold is below the equilibrium quantity, the loss of total surplus that results is called:


A) deadweight loss.
B) producer surplus.
C) consumer surplus.
D) total surplus.

Correct Answer:

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