watch the Economist Christmas Video: https://youtu.be/UH28iJ7lVfg So if cash is inappropriate, and buying gifts is inefficient, would a gift card be a perfect solution? Please answer the question as an economist addressing consumer and producer surplus in your answer. Consumer surplus is the difference between what the consumer pays and what he/she would have been willing to pay. For example, if you would be willing to pay $50 for a ticket to see a concert, but you can buy a ticket for $40. In this case, your consumer surplus is $10. Producer surplus is the difference between the price a firm receives and the price it would be willing to sell it at. For example, if a firm would sell a good at $4, but the market price is $7, the producer surplus is $3