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Title: Assume the market price for tangerines is $18.00 per bushel. At the market price, tangerine growers Post by: Tidy on Jun 20, 2015 Assume the market price for tangerines is $18.00 per bushel. At the market price, tangerine growers are willing to supply a quantity of 12,000 bushels per week. The quantity supplied drops to zero when the price falls to $5.00 per bushel. Construct a graph showing this data, calculate the total producer surplus in the market for tangerines, and show the total producer surplus on the graph.
Title: Re: Assume the market price for tangerines is $18.00 per bushel. At the market price, tangerine grow Post by: Sydnie on Aug 10, 2015 Content hidden
Title: Re: Assume the market price for tangerines is $18.00 per bushel. At the market price, tangerine growers Post by: Sydnie on Aug 31, 2015 I was confident with my answer, glad it was correct.
Oh, and thumbs-up are more than welcome :) |