Question: How does consumer surplus differ from the total benefit consumers receive from purchasing products? Similarly, how does producer surplus differ from the total revenue that

How does consumer surplus differ from the total benefit consumers receive from purchasing products? Similarly, how does producer surplus differ from the total revenue that firms receive from selling products? Under what special circumstance will consumer surplus equal the total benefit consumers receive from consuming a product? Under what special circumstance will producer surplus equal the total revenue firms receive from selling a product?

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