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ticktrader ticktrader
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2 months ago

What is the definition of producers' surplus?



price received minus maximum selling price



maximum selling price minus price received



price received minus minimum selling price



highest price minus lowest price



none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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hadu582hadu582
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2 months ago
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price received minus minimum selling price



1

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ticktrader Author
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2 months ago
You make an excellent tutor!
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this is exactly what I needed
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2 hours ago
Brilliant
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