Examlex
Potentially deadly depressants, first used for their sedative and anticonvulsant effects, now used only to treat such conditions as insomnia are ________.
Total Surplus
The sum of consumer and producer surplus, reflecting the total benefit to society from the production and consumption of goods and services.
Consumer Surplus
The split between the maximum total consumers are prepared to pay for a product or service and the actual payment.
Producer Surplus
The gap between the minimum amount producers are willing to accept for providing a good or service and the actual amount they end up receiving.
Producer Surplus
The additional income a producer receives for selling a good or service above its production cost.
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