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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Consumer surplus in a market for a product would be equal to the area under the demand curve if
A) producer surplus was equal to zero.
B) marginal cost was equal to the market price.
C) the product was produced in a perfectly competitive market.
D) the market price was zero.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 185 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Posts: 3807
9 years ago
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