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Khan Academy: Consumer and Producer Surplus and Allocative Efficiency

Curated by ACT

Practice what you've learned about consumer and producer surplus in this four-question exercise.

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Concepts
factors of production
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Additional Tags
allocative efficiency, consumer and producer surplus and allocative efficiency, consumer surplus, khan academy, khan academy: consumer and producer surplus and allocative efficiency, producer surplus, market, budget surplus, efficiency
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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Practice