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Which of the following equations is not valid

Which of the following equations is not valid
A. Consumer surplus=Value to buyers-amount paid by buyers
B.Procucer surplus= amount received by sellers-Cost tosellers.
C. Total surplus= value to buyers-amount paid by buyers+Amount received by sellers-Costs of sellers.
D. Total surplus= Value to sellers-Cost to sellers

May 31 2018 Read more Less More

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