Question: econ problems I need you help Question 12 Total surplus A. can be used to measure a market's efficiency. O B. is the sum of

econ problems I need you help

econ problems I need you help Question 12 Total surplus A. canbe used to measure a market's efficiency. O B. is the sum

Question 12 Total surplus A. can be used to measure a market's efficiency. O B. is the sum of consumer and producer surplus. O C. is the value to buyers minus the cost to sellers. O D. All of the above.Question 13 4 points Save Answ The price elasticity of demand for tickets to Mason football games is -3. At the prevailing price of $10 per ticket, the quantity of tickets demanded exceeds the stadium's seating capacity. The quantity of tickets demanded must fall by 30% to equal the total number of seats available. To eliminate the shortage of seats, the price of tickets should be O A. decreased by $1. O B. increased by $1. O C. decreased by 596. O D. increased by 596

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