Total Surplus Is Equal to

question 51

Multiple Choice

Total surplus is equal to

• A)value to buyers - profit to sellers.
• B)value to buyers - cost to sellers.
• C)consumer surplus x producer surplus.
• D)(consumer surplus + producer surplus)x equilibrium quantity.

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Definitions:

Waist Circumference

A measurement around the smallest area of the waist, used as an indicator of abdominal fat and an assessment of health risk.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels.

Energy Balance

The relationship between energy intake through food and drink and energy expenditure through basal metabolism and physical activity, crucial for maintaining a healthy body weight.

Blood Glucose

The concentration of sugar in the bloodstream, which is critical for energy production in the body and is regulated by hormones like insulin.