Difference between revisions of "Social surplus"

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(Created page with "Social surplus is the sum of consumer surplus and producer surplus. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Social sur...")
 
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Latest revision as of 21:43, 2 June 2020

Social surplus is the sum of consumer surplus and producer surplus.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Social surplus. The sum of consumer surplus and producer surplus.