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Use the following to answer questions:
Figure: Consumer and Producer Surplus
-(Figure: Consumer and Producer Surplus) Look at the figure Consumer and Producer Surplus. If the price is held above equilibrium, consumer surplus _____ and total surplus _____.
Exercise Enthusiast
Someone who has a great interest in physical fitness and regularly engages in workouts or physical activities.
Nature
The natural world collectively, including plants, animals, the landscape, and other features and products of the earth, as opposed to humans or human creations.
Socialization
The process by which individuals learn and adopt the values, norms, and behaviors required to function as members of a society.
Abilities
The range of competencies, skills, or talents that an individual possesses.
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