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    Exam 5: Efficiency and Equity
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    Producer Surplus Is the
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Producer Surplus Is the

Question 414

Question 414

Multiple Choice

Producer surplus is the


A) cost of the good summed over the quantity sold.
B) demand for a good minus the supply summed over the quantity sold.
C) price of a good minus the marginal cost of producing it summed over the quantity sold.
D) marginal cost of producing it summed over the quantity sold.

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