(Figure: Determining Surplus) in the Graph, the Triangle Ijk Represents

question 179

Multiple Choice

(Figure: Determining Surplus) In the graph, the triangle ijk represents

• A) producer surplus.
• B) deadweight loss.
• C) transfer of producer surplus to consumers.
• D) consumer surplus.

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The percentage of revenue that turns into profit after all expenses have been deducted.

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A skilled tradesperson who works with brick, stone, and other durable materials to build or repair structures.

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