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Author Question: In the long-run equilibrium in perfect competition, A) producer surplus is positive. B) producer ... (Read 92 times)

Marty

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on: Jul 1, 2018
In the long-run equilibrium in perfect competition,
 
  A) producer surplus is positive.
  B) producer surplus is negative.
  C) producer surplus is greater than consumer surplus.
  D) producer surplus is less than consumer surplus.

Question 2

Assume the price of tomatoes increases. Which of the following causes would correspond to greater producer surplus?
 
  A) an increase in supply
  B) an increase in costs
  C) a decrease in supply
  D) an increase in demand
Microeconomics ¦ Perloff ¦ 8th Edition
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mcabuhat

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Marty

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

cdmart10

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Reply 3 on: Yesterday
:D TYSM

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