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United StatesMicroeconomicsQuick questions
Unit 2: Supply and Demand
Quick questions on Market Equilibrium and Consumer and Producer Surplus - AP Microeconomics Topic 2.6
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
State what consumer surplus measures. [1 point]
What is q2?Show answer
Explain in one sentence why the competitive equilibrium maximizes total surplus. [2 points]
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