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    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Producer Surplus
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    Producer Surplus Equals
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Producer Surplus Equals

Question 48

Question 48

Multiple Choice

Producer surplus equals


A) Value to buyers - Amount paid by buyers.
B) Amount received by sellers - Costs of sellers.
C) Value to buyers - Costs of sellers.
D) Value to buyers - Amount paid by buyers + Amount received by sellers - Costs of sellers.

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