The total of producer and consumer surplus is maximized when there is underproduction.

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Author Question: The total of producer and consumer surplus is maximized when there is underproduction. (Read 32 times)

Mr. Wonderful

Hero Member
Posts: 866

on: Apr 19, 2019

The total of producer and consumer surplus is maximized when there is underproduction.

◦ true
◦ false

Principles of Economics ¦ Case, Fair, Oster ¦ 12^th Edition

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ladyjames123

Sr. Member
Posts: 346

Reply #1 on: Apr 19, 2019

false

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