discussion question help Please no plagiarism. 75-100 words for EACH question and make sure the question id above you're given answer. 1.Why isn’t the combination of consumer and producer surplus maximized if there is either excess demand or supply? 2. Wh

discussion question help

Please no plagiarism. 75-100 words for EACH question and make sure the question id above you're given answer.

1.Why isn’t the combination of consumer and producer surplus maximized if there is either excess demand or supply?

2. Why does nearly every purchase you make provide you with consumer surplus?

3. How is elasticity related to the revenue from a sales tax?