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tbparker tbparker
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2 months ago

Producers' surplus is the difference between the price



sellers receive for a good and the maximum price they would have paid for the good.



sellers receive for a good and the minimum price for which they could have sold the good.



buyers pay for a good and the maximum price they would have paid for the good.



buyers pay for a good and the minimum price for which they would have sold the good.

Textbook 
Economics

Economics


Edition: 12th
Author:
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nnennennenne
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2 months ago
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sellers receive for a good and the minimum price for which they could have sold the good.



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tbparker Author
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2 months ago
Just got PERFECT on my quiz
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Yesterday
You make an excellent tutor!
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2 hours ago
Good timing, thanks!
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