Economic surplus measures the value of a decision's: total costs minus its net benefits. O total benefits minus its total costs. O total costs minus its benefits minus gains from exploitation O benefits minus its costs plus externalities.

Economic surplus measures the value of a decision's: total costs minus its net benefits. O total benefits minus its total costs. O total costs minus its benefits minus gains from exploitation O benefits minus its costs plus externalities.

Principles of Economics (MindTap Course List)

8th Edition

ISBN:9781305585126

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Consumers, Producers, And The Efficiency Of Markets

Section: Chapter Questions

Problem 6PA

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