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A T-shirt supplier is willing to sell her shirts for $5 each, but she is able to negotiate a distribution deal at $7 each. The
A T-shirt supplier is willing to sell her shirts for $5 each, but she is able to negotiate a distribution deal at $7 each. The extra $2 that she made beyond the $5 she was willing to sell her T-shirts for represents Question 20 options: A) consumer surplus. B) producer surplus. C) productive efficiency. D) allocative efficiency
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International Economics
Authors: Dominick Salvatore
11th edition
978-1118177938, 1118177932, 1119915732, 978-1118476017, 1118476018, 978-1119915737
