Question
Why isn't the total surplus the yellow highlighted area of triangle? (Figure: Demand and Supply) Refer to the figure. At the equilibrium quantity, total surplus
Why isn't the total surplus the yellow highlighted area of triangle?
(Figure: Demand and Supply) Refer to the figure. At the equilibrium quantity, total surplus is: p 16 O $240. O $960. O $320. O $480. Supply Demand 20 Q
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Econometric Analysis Of Cross Section And Panel Data
Authors: Jeffrey M Wooldridge, J M Wooldridge
2nd Edition
0262232588, 9780262232586
