Author Question: What is the change in the producer surplus (PS) when the price increase from $1 to $2? (Read 79 times)

maychende

  • Hero Member
  • *****
  • Posts: 556


What is the change in the producer surplus (PS) when the price increase from $1 to $2?
◦ $125
◦ $1,0000
◦ $1,125
◦ $525



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

kbennett34

  • Sr. Member
  • ****
  • Posts: 333

 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

There are more bacteria in your mouth than there are people in the world.

For a complete list of videos, visit our video library