Producer surplus is the difference between
1 )
the consumer surplus from the good and the producers’ total cost in supplying the good.
2 )
the highest price that the consumer would be willing to pay for the good and the price the producer actually sold it for.
the lowest price that the producer would accept for the good and the price the producer actually sold it for.
4 )
the quantity that the producers manufacture in a week and the amount sold to consumers in that week.
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