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    Principles of Economics Study Set 8
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    Exam 7: Consumers, Producers, and the Efficiency of Markets
  5. Question
    Total Surplus in a Market Can Be Measured as the Area
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Total Surplus in a Market Can Be Measured as the Area

Question 129

Question 129

True/False

Total surplus in a market can be measured as the area below the supply curve plus the area above the demand curve, up to the point of equilibrium.

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