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    Microeconomics Study Set 10
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    Exam 5: Efficiency
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    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 76

Question 76

Multiple Choice

When the quantity of a good bought and sold is below the market 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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