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Travka [436]
3 years ago
5

Total economic surplus is represented by: question 6 options: the area below the demand curve and above the market equilibrium p

rice. the area above the supply curve and below the market equilibrium price the area below the demand curve and above the supply curve.
Business
1 answer:
Lady bird [3.3K]3 years ago
3 0
The total economic surplus is the sum of the consumer surplus and the producer surplus. In a Quantity versus Price curve, the total economic surplus is represented by the area above the supply curve and below the market equilibrium price. 
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