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The graph shows the market for paper. Draw a shape that represents the us from paper. Label it CS. ?Draw a shape that represents the
The graph shows the market for paper. Draw a shape that represents the us from paper. Label it CS. ?Draw a shape that represents the producer surplus from paper. Label it PS. ?Consumer surplus from paper equals $ and the producer surplus from paper equals $ The market for paper is efficient because A. ?at the market equilibrium marginal benefit equals marginal ? ?B. ?the market is producing the maximum possible quantity give C. ?consumer surplus is greater than producer surplus D. ?consumer surplus is greater than zero
CSE The graph shows the market for paper. Price (dollars per ton) 20 00 Draw a shape that represents the consumer surplus from paper. Label it CS. 18.00 Draw a shape that represents the producer surplus from paper. 15.00- Label it P5. 14.00- Consumer surplus from paper equals $ 12 00 producer surplus from paper equals $ 10 00 The market for paper is efficient because 8.00 S O A. at the market equilibrium marginal benefit equals marginal o 6.00 6.00 Q B, the market is producing the maximum possible quantity give 1.00 O C. consumer surplus is greater than producer surplus 2.00- O D. consumer surplus is greater than zero 0.00- 10 20 30 40 50 Quantity (tons per day) > > Draw only the objects specified in the queStep by Step Solution
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