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Kyuubi Kyuubi
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6 years ago
Producer surplus is:
A) the same as the equilibrium price since buyers and sellers agree on that price
B) the amount of a product that sellers will be able and willing to sell at prices above the equilibrium level
C) the difference between the amount that producers receive from selling an item and the amount they would have accepted for the item
D) also referred to as fair market price
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Microeconomics

Microeconomics


Edition: 2nd
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JavaewJavaew
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#1
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6 years ago
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Kyuubi Author
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6 years ago
You make an excellent tutor!
kamikazekota
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
ofsuahasiufhoas
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2 hours ago
Thanks
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