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(Solved): 4. Total economic surplus The following diagram shows supply and demand in the market for laptops. ...
4. Total economic surplus The following diagram shows supply and demand in the market for laptops. Use the black point (olus symbol) to indicate the equilibrium price and quantity of laptops. Then use the green point (triangle symbol) to Ail the anw representing consumer surplus, and use the purple point (diamond symbol) to fill the area representing producer surplus:
Total surglus in this market is malion.