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The total producer surplus in the California cheese market is the: a. total revenue of the cheese producers in California. b. total cost of selling
The total producer surplus in the California cheese market is the: a. total revenue of the cheese producers in California. b. total cost of selling cheese in California. c. sum of all prices paid multiplied by the number of pounds of cheese sold. d. sum of the individual producer surpluses in this market
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Macroeconomics
Authors: Stephen d. Williamson
5th edition
132991330, 978-0132991339
