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Business, 19.03.2020 09:09 cooper2017

1a. At the market equilibrium, calculate consumer surplus. Consumer surplus is $ nothing. 1b. At the market equilibrium, calculate producer surplus. Producer surplus is $ nothing. 2. Is the market for sunscreen efficient? Why? The market for sunscreen efficient because . A. is not; total surplus is not maximum B. is; consumer surplus exceeds producer surplus C. is; total surplus is maximum D. is not; consumer surplus does not equal producer surplus

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