Market consumer surplus
A) is the area under the demand curve and above market price, up to the quantity actually bought.
B) is equal to total market revenue minus cost.
C) does not depend on the quantity sold.
D) is the area under the market price and above the marginal cost curve.
A
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a. either recycled or burned b. recycled c. burned d. deposited in landfills e. used for fuel
Economic activity around the world is mainly organized by
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An initial allocation of goods is called a(n)
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