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When economists talk about economic welfare, they are usually talking about Group of answer choices Government assistance programs like food stamps and Medicare. The benefits
When economists talk about economic welfare, they are usually talking about Group of answer choices Government assistance programs like food stamps and Medicare. The benefits to government from imposing a tax in a market. How much buyers and sellers benefit from participating in a market. The benefits to buyers in a market that are gained when sellers lose.Which of the following describes consumer surplus? Group of answer choices The price consumers pay minus the marginal benefit they get from consuming the good. The extra goods consumers purchase when price falls. The marginal benefit consumers get from buying a good minus the price consumers pay The price sellers receive minus the marginal cost of providing the good to consumers
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