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question 25 social surplus is defined as which of the following? consumer surplus minus prodiger surplus consumer surplus divided by

Question

Question 25 Social surplus is defined as which of the following? Consumer surplus minus prodiger surplus Consumer surplus divided by producer surplus Consumer surplus plus producer surplus None of the above 2.5 pt

Answer

4.5 (212 Votes)
Verificación de expertos
Darren Master · Tutor for 5 years

Answer

### C. Consumer surplus plus producer surplus

Explanation

## Step1: Define Social Surplus### Social surplus is the sum of consumer surplus and producer surplus.## Step2: Identify the Correct Option### The correct option is the one that states social surplus as the sum of consumer surplus and producer surplus.