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Which Equation Calculates Total Surplus

Question 99

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

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