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Author Question: Total producer surplus is measured by the total area under the equilibrium price and below the ... (Read 65 times)

Kikoku

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Total producer surplus is measured by the total area under the equilibrium price and below the supply curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Producer surplus measures the value between the actual selling price and the profit-maximization price.
 a. True
  b. False
  Indicate whether the statement is true or false



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tashiedavis420

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Answer to Question 1

False

Answer to Question 2

False




Kikoku

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


CAPTAINAMERICA

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Reply 3 on: Yesterday
Wow, this really help

 

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