Producer and Consumer Surplus - Intro to Microeconomics
53.3 هزار بار بازدید -
12 سال پیش
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Calculate Producer and Consumer Surplus,
Calculate Producer and Consumer Surplus, given a schedule of quantity demanded and supplied. -simple example problem and solution.
Find more solutions at:
https://sites.google.com/site/curtisk...
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This video offers a solution to the following question:
The accompanying table shows the supply and demand schedules for used copies of the first edition of this textbook. The supply schedule is derived from offers at amazon.com. The demand schedule is hypothetical. (see video)
a. Calculate consumer and producer surplus at the equilibrium in this market.
b. Now the second edition of this textbook becomes available. As a result, the willingness to pay of each potential buyer for a second-hand copy of the first edition falls by $20. In the table, show the new demand schedule and again calculate consumer and producer surplus at the new equilibrium.
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from Krugman Wells -- Microeconomics 2nd Ed. -- Chapter 4, Question 7
Find more solutions at:
https://sites.google.com/site/curtisk...
---------------------------------------------------------------------------
This video offers a solution to the following question:
The accompanying table shows the supply and demand schedules for used copies of the first edition of this textbook. The supply schedule is derived from offers at amazon.com. The demand schedule is hypothetical. (see video)
a. Calculate consumer and producer surplus at the equilibrium in this market.
b. Now the second edition of this textbook becomes available. As a result, the willingness to pay of each potential buyer for a second-hand copy of the first edition falls by $20. In the table, show the new demand schedule and again calculate consumer and producer surplus at the new equilibrium.
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from Krugman Wells -- Microeconomics 2nd Ed. -- Chapter 4, Question 7
12 سال پیش
در تاریخ 1391/04/13 منتشر شده
است.
53,396
بـار بازدید شده