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    Principles of Microeconomics
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    Exam 7: Consumers, Producers, and the Efficiency of Markets.
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    Total Surplus
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Total Surplus

Question 163

Question 163

Multiple Choice

Total surplus


A) can be used to measure a market's efficiency.
B) is the sum of consumer and producer surplus.
C) is the to value to buyers minus the cost to sellers.
D) All of the above are correct.

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