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Business, 03.09.2019 05:30 ShilohTheBoy

With a dutch flower auction, a. producer surplus is close to or equal to zero b. consumer surplus is maximized c. consumer surplus and producer surplus are both equal to zero d. an individual buyer's consumer surplus is close to or equal to zero and producer surplus is greater than zero if price exceeds marginal cost e. consumer surplus is relatively large and producer surplus is relatively s

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With a dutch flower auction, a. producer surplus is close to or equal to zero b. consumer surplus i...
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