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Loraine Loraine
wrote...
Posts: 4563
9 years ago
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.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 217 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
SydnieSydnie
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Top Poster
Posts: 3807
8 years ago
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Loraine Author
wrote...

9 years ago
This helped my grade so much Perfect
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Yesterday
Thanks for your help!!
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2 hours ago
Good timing, thanks!
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