question archive True or false -consumer surplus is the amount of money a consumer has left over after purchasing a good or service -the difference between the total value to the consumer and the market value of the product is the consumer surplus -the producer surplus is the same as profits to the producer -deadweight loss is the fall in total surplus that results from a market distortion such as a tax
True or false -consumer surplus is the amount of money a consumer has left over after purchasing a good or service -the difference between the total value to the consumer and the market value of the product is the consumer surplus -the producer surplus is the same as profits to the producer -deadweight loss is the fall in total surplus that results from a market distortion such as a tax
Subject:BusinessPrice: Bought3
True or false -consumer surplus is the amount of money a consumer has left over after purchasing a good or service -the difference between the total value to the consumer and the market value of the product is the consumer surplus -the producer surplus is the same as profits to the producer -deadweight loss is the fall in total surplus that results from a market distortion such as a tax
