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avinash0312 avinash0312
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Posts: 474
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4 years ago
The difference between the price a producer receives for a product and the minimum amount a producer is willing to accept for that product is:

▸ producer surplus.

▸ the market demand for a product.

▸ consumer surplus.

▸ perfect competition surplus.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
Read 142 times
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gdchavis1gdchavis1
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Posts: 410
4 years ago
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avinash0312 Author
wrote...
4 years ago
Good timing, thanks!
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