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Question 6 1 pts All of the following concepts are associated with the principle of producer surplus, except: producer surplus is the sum of firm

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Question 6 1 pts All of the following concepts are associated with the principle of producer surplus, except: producer surplus is the sum of firm surplus for each producer and for each unit of quantity. an increase in the market price without a shift in supply will increase producer surplus. an increase in demand will increase producer surplus. producer surplus is based on the principle that the market price is determined by supply and demand

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