Multiple Choice
Which equation calculates total surplus
A) Total surplus = Value to buyers - Amount received by sellers + Amount paid by buyers - Costs of sellers
B) Total surplus = Amount received by sellers - Value to buyers + Amount paid by buyers - Cost of sellers
C) Total surplus = Value to buyers - Amount paid by buyers + Amount received by sellers - Costs of sellers
D) Total surplus = Amount received by sellers - Costs of sellers + Amount paid by buyers - Value to buyers
Correct Answer:

Verified
Correct Answer:
Verified
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