Maximizing Consumer/Producer Surplus

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See how Total Surplus = Consumer Surplus + Producer Surplus is maximized at the intersection of the Supply and Demand Curves. Maximizing Total Surplus leads to "efficient markets".

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luke.trouwborst — July 12, 2016 - 1:24 PM

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Target Group (Age): 15 – 18
Language: English (United Kingdom)

Views: 1722

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License: CC-BY-SA, GeoGebra Terms of Use
Based Upon: Efficient Markets maximize Total Surplus
Shared by ramo

Maximizing Consumer/Producer Surplus

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