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Tidy Tidy
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8 years ago
The area above the market supply curve and below the market price
A) is equal to the total amount of producer surplus in a market.
B) is equal to the marginal cost of the last unit produced.
C) is equal to the total amount of economic surplus in a market.
D) is equal to the total cost of production.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
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SydnieSydnie
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8 years ago
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Tidy Author
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8 years ago
this is exactly what I needed
Evolution
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You make an excellent tutor!
husne
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Good timing, thanks!
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