What is the consumer producer and total surplus


Problem

Suppose the market for chewing gum is perfectly competitive, the demand is Q=20-P, and the Supply is Q=-P+2P. What is the Consumer, Producer, and total Surplus?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the consumer producer and total surplus
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