sailormaries4034 sailormaries4034
  • 18-10-2017
  • Business
contestada

Producer surplus is represented by the area ________ the supply curve and ________ the price.

Respuesta :

shinmin
shinmin shinmin
  • 18-10-2017
Producer surplus is an economic measure of the change between the quantity a producer of a good obtains and the least amount the producer is eager to receive for the good. The change, or surplus amount, is the profit the producer obtains for selling the good in the market. This is found above the supply curve and below price.
Answer Link

Otras preguntas

Tina works for a medical technology company in sales. She travels to doctors' offices and offers them a suite of software related to patient billing and office
HELP ME PLZ!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
If the ratio of red flowers to yellow flowers in the local park is 9:5 and there are approximately 1,000 red or yellow flowers currently blooming in the park, a
Determine the values of a for which the system has no solutions, exactly one solution, or infinitely many solutions. x + 2y – 3z = 4 3x – y + 5z = 2 4x + y +(a–
.What is the function of the chloroplasts
The perimeter of a square with side length s is P=
What was the reason for Julius Caesar’s assassination?
If a = 3 and b = 5, find . 2/8 3/8 3/5
How many solutions does the following equation have? 5k - 9 = 5k + 2
Companies U and L are identical in every respect except that U is unlevered while L has $18 million of 6% bonds outstanding. Assume that: (1) All of the MM assu