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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

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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

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

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DarrenMaster · Tutor for 5 years

Answer

### C. Consumer surplus plus producer surplus

Explain

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