If supply and demand are lines then at equilibrium consumer and producer surplus are both A. Equal.

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If supply and demand are lines then at equilibrium consumer and producer surplus are both

A. Equal.

B. Shown as squares.

C. Shown as trapezoids.

D. Shown as triangles.

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Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

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Question Posted: Apr 24, 2018 01:35 AM

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If supply and demand are lines then at equilibrium consumer and producer surplus are both A. Equal.

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D Shown as triangles Explanation The consumer surplus is the value you get that is in ...View the full answer

Issues in Economics Today

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