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Author Question: Suppose the market supply curve for wheat is shown in the above figure. Calculate the producer ... (Read 122 times)

daltonest1984

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on: Jun 18, 2019


Suppose the market supply curve for wheat is shown in the above figure. Calculate the producer surplus when price is $2 per bushel. If legislation mandates that the price be $1 per bushel, what is the resulting loss in producer surplus?
Microeconomics ¦ Perloff ¦ 8th Edition
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Marked as best answer by daltonest1984 on Jun 18, 2019

zhanghao

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Reply #1 on: Jun 18, 2019
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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daltonest1984

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Reply 2 on: Jun 18, 2019
Great answer, keep it coming :)

irishcancer18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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