aThe profits of the ith firm (I exclude multi-product firms for the time being) are ith企业(我的赢利暂时排除multi-product企业)是[translate] a...(18) … (18)[translate] aThe total surplus in the collection of markets is 总节余在市%E[translate]...
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Answer to: Market equilibrium maximizes the total surplus in a market and therefore it is efficient. A) True B) False By signing up, you'll get...
13.A price ceiling is a legal minimum on the price at which a good or service can be sold. 14. A price floor set above the equilibrium price is not binding. 15 .The equilibrium of supply and demand in a market maximizes the total benefits to buyers and sellers of participating in that...
Total surplus is always equal to the sum of consumer surplus and producer surplus. ANS: F DIF: 2 REF: 8-1 NAT: Analytic LOC: Supply and demand TOP: Total surplus MSC: Interpretive 2. Total surplus in a market does not change when the government imposes a tax on that market because ...
, the consumer surplus is ( ) A. excessive consumption of goods; the total utility of B. consumers; C. the total utility of consumers buying goods is greater than the total utility of money; D. Total monetary utility of D expenditures. ...
b.has the greatest producer surplus. c.cannot compete with the other sellers in the market. d.would leave the market first if the price were any lower. TYPE: M KEY1: D SECTION: 2 OBJECTIVE: 4 RANDOM: Y .Producer surplus is the area a.under the supply curve. b.below the price and...
所有基因段的证明在序列进行了以疾风查寻可利用在全国中心对于生物工艺学信息, Bethesda,马里兰,美国(httpal www.ncbi.nlm.nih.gov)。 [translate] a2. Total surplus is the cost to sellers minus the value to buyers. 2.总盈余对于卖主短处是费用价值跟买主。 [translate] ...
Mainland China's trade surplus(盈余) —or the difference between the total value of goods exported from China and goods imported into China—increased for the second straight month. This suggests the recent recall of Chinese toys from the United States for safety reasons has not affected the ...
Consumer Surplus vs. Economic Surplus: An Overview In mainstream economics, consumer surplus is the difference between the highest price for a good or service that a consumer is willing to pay and the price they actually pay (the market price of the good). ...