Graph 7-7
-Refer to Graph 7-7.Explain why this graph verifies the fact that the market equilibrium (quantity) maximises the sum of producer and consumer surplus.

Question

Graph 7-7 
-Refer to Graph 7-7.Explain why this graph verifies the fact that the market equilibrium (quantity) maximises the sum of producer and consumer surplus.

Quizplus · Accepted Answer

The Answer of Graph 7-7 
-Refer to Graph 7-7.Explain why this graph verifies the fact that the market equilibrium (quantity) maximises the sum of producer and consumer surplus.

Graph 7-7 -Refer to Graph 7-7.Explain Why This Graph Verifies the Fact