Given the following two equations:
1) Tatal Suplus = Consumer Suplus + Produce Suplus
2) Total Surglus = Value to Buyers - Cost to Sellers Show how equation (1) can be used to derive equation (2).

Question

Given the following two equations:
 1) Tatal Suplus = Consumer Suplus + Produce Suplus
2) Total Surglus = Value to Buyers - Cost to Sellers Show how equation (1) can be used to derive equation (2).

Quizplus · Accepted Answer

The Answer of Given the following two equations:
 1) Tatal Suplus = Consumer Suplus + Produce Suplus
2) Total Surglus = Value to Buyers - Cost to Sellers Show how equation (1) can be used to derive equation (2).

Given the Following Two Equations