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pirex pirex
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Posts: 634
Rep: 13 1
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.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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1 Reply
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
Posts: 404
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6 years ago
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pirex Author
wrote...

6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
tcat
wrote...

Yesterday
Good timing, thanks!
sleinhi
wrote...

2 hours ago
Smart ... Thanks!
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