solo25661 solo25661

13-06-2022
Business

contestada

How do you find consumer surplus and producer surplus at the equilibrium price?

Respuesta :

14-06-2022

Answer:

The consumer surplus is q∗∫0d(q)dq−p∗q∗.

The producer surplus is p∗q∗−q∗∫0s(q)dq.

The sum of the consumer surplus and producer surplus is the total gains from trade.

Answer Link

Otras preguntas

The market basket is _____________. a. another term for the CPI. b. a term used to define consumers in a given market. c. a representative collection of goods a

What was Shaw's main motivation for writing plays? providing "robust" entertainment showing how people can change their environment overthrowing the upper class

Find the value of x and the value of y for which (x, 14) and (18, y) are points on the graph. y = 0.5x+12.

When did the Age of Enlightenment start and end?

is there a country currently in their golden age

Write the net ionic equation of aluminum hydroxide and nitric acid. Al(OH)3(s) -> Al(aq) + 3OH(aq)

Why does salt thrown on a frog's body kill it?

Which of the following terms would not be included in an explanation of literal language? Metaphor Dictionary meaning No interpretation needed Words mean ex

how do you add integers with different sgns

As per the rules of binomial nomenclature, which species name is written correctly? pelecinus polyturator/ Pelecinus polyturator / Pelecinus polyturator