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The diagram on the right shows the demand and supply for sneakers. Calculate consumer surplus, producer surplus, and social surplus in this market. Consumer surplus
The diagram on the right shows the demand and supply for sneakers. Calculate consumer surplus, producer surplus, and social surplus in this market. Consumer surplus is $D. (Enter your response to the nearest dollar.) Producer surplus is $|:|. (Enter your response to the nearest dollar.) Social surplus is $|:|. (Enter your response to the nearest dollar.) Price ~ Supply .. Demand (=] Quantity
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