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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: Producer surplus (Multiple Choice)
Post by: Loraine on Jun 20, 2015
Producer surplus
A) increases if market price rises and the supply curve does not shift.
B) decreases if market price rises and the supply curve does not shift.
C) is equal to the maximum price consumers are willing to pay.
D) is the same as the marginal cost.
E) always must equal consumer surplus.


Title: Re: Producer surplus (Multiple Choice Question)
Post by: Sydnie on Aug 10, 2015
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