Total Surplus Is Represented by the Area Below the

question 113

Multiple Choice

Total surplus is represented by the area below the

• A)demand curve and above the price.
• B)price and up to the point of equilibrium.
• C)demand curve and above the supply curve,up to the equilibrium quantity.
• D)demand curve and above the horizontal axis,up to the equilibrium quantity.

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A thought process or method used to generate creative ideas by exploring many possible solutions, often leading to novel conclusions or unique solutions.

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an electronic device designed to accept data, perform prescribed mathematical and logical operations at high speed, and display the results of these operations.

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Fundamental characteristics of language, including syntax, semantics, phonetics, and pragmatics, that enable communication.