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pirex pirex
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Posts: 634
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6 years ago
Producer surplus is equal to
A) the area under the supply curve.
B) the difference between price and average cost for all units sold.
C) the difference between price and marginal cost for all units sold.
D) the firm's profit when fixed costs exist.
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Microeconomics

Microeconomics


Edition: 6th
Author:
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And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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ChronosChronos
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#1
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6 years ago
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pirex Author
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6 years ago
Thanks for your help!!
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You make an excellent tutor!
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