Examlex
Which of the following is a byproduct of photosynthesis that is used during cellular respiration?
Equity
Fairness or justice in the way people are treated, or in financial terms, the value of an ownership interest in property, including shareholders' equity in a business.
Efficiency
The optimal allocation of resources to maximize the production of goods and services.
Total Surplus
The total net gain to society from creating and using goods and services, shown by adding together consumer and producer surplus.
Total Surplus
The sum of consumer and producer surplus, representing the total net benefit to society from the production and consumption of a good or service.
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