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Surplus is this whole area right over - Kandhura
Wednesday, 6 January 2016
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Item details
City:
Kandhura, Federally Administered Tribal Areas
Offer type:
Offer
Item description
surplus is this whole area right over here Producer surplus right over there. But we have a dead weight cost. There's a total surplus that we would have gotten, that society would have gotten if we were dealing with perfect competition, right over here that's now being lost. But as we lose that, we were able to increase the producer surplus and decrease the consumer surplus...
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