Question
In supply and demand graph, what is indicated by the triangular area under the demand curve but above the supply curve? a.The consumer surplus. b.The
In supply and demand graph, what is indicated by the triangular area under the demand curve but above the supply curve?
a.The consumer surplus.
b.The producer surplus.
c.The deadweight loss.
d.The net gain to society from trading that good.
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The Ethics Of The New Economy Restructuring And Beyond
Authors: Leo Groarke
1st Edition
1554586933, 9781554586936
