Give a graphical representation of consumer surplus and producer surplus. Using the graph below: a. Calculate consumer surplus and producer surplus assuming that the good is not taxed. b. Then, calculate the consumer surplus, the producer surplus, the tax revenues, and the...
Answer and Explanation:1 Consumer surplus is when the price that the consumer expects to pay based on the utility that he will derive from the commodity is more than the... Learn more about this topic: Economic Surplus Definition & Graph ...
the difference between the consumer surplus and producer surplusD.the difference between the highest price that a consumer is willing to pay and the lowest price that a producer is willing to sell 相关知识点: 试题来源: 解析 答案:B 反馈 收藏 ...
What happens to consumer and producer surplus when the sale of a good is taxed? How does the change in consumer and producer surplus compare to the tax revenue? Explain.当对一种物品征税时,消费者和生产者剩余都会减少。我们可以用税收前后的总福利来比较生产者剩余和消费者剩余变动与税收收入,看税收...
Economic Surplus There are two types of economic surplus:consumer surplusandproducer surplus. Both aremutually exclusive, in that what's good for one is bad for the other. Consumer Surplus:If supply is high, but demand is low, this results in a consumer surplus. It occurs when the price of...
An economic surplus is the total of consumer and producer surpluses in an economy. A consumer surplus is the difference between the maximum the consumer is willing to pay for a product and its market price. A producer surplus is the difference between the lowest price at which the producer ...
Consumer surplusis the difference between the highest price a consumer is willing to pay for a good or service and the actual price they pay. The producer surplus is the difference between the actual selling price of a good or service–the market price–and the lowest price a produ...
What is the sum of consumer surplus and producer surplus for the 10th unit bought/sold? A. 3.50 B. 5.00 C. 6.25 D. 25.00 如何将EXCEL生成题库手机刷题 如何制作自己的在线小题库 > 手机使用 分享 反馈 收藏 举报 参考答案: A 复制 纠错 举一反三 未成年人的健康成长需要社会给予关心...
Once the minimum accepted price is identified, it is a simple task to compare that price with the actual price that consumers pay for the product. This difference between the two will represent the producer surplus. The amount of surplus generated is often driven by consumer demand; if customer...
求翻译:What is producer surplus, and how is it measured?是什么意思?待解决 悬赏分:1 - 离问题结束还有 What is producer surplus, and how is it measured?问题补充:匿名 2013-05-23 12:26:38 什么是生产者剩余,以及如何衡量?热门同步练习册答案...