• 2022-06-04
    Producer surplus is
  • c. the amount a seller is paid minus the cost of production.

    内容

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      【单选题】If the price decreases in a country, what will happen? ( ) A. consumer surplus declines B. consumer surplus rises C. producer surplus declines D. both B and C A. consumer s

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      If the price of oak lumber increases, what happens to consumer<br/>surplus in the market for oak cabinets? () A: Consumer<br/>surplus increases. B: Consumer<br/>surplus decreases. C: Consumer<br/>surplus will not change consumer surplus; only producer surplus<br/>changes. D: Consumer<br/>surplus depends on what event led to the increase in the price of oak<br/>lumber.

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      A tariff is imposed on a good. This will ________ the domestic producer surplus, ________ the domestic consumer surplus, and ________ total surplus in the home country. A: increase; decrease; decrease B: increase; decrease; increase C: increase; remain unchanged; increase D: increase; increase; increase

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      Assume that linen pants are a normal good and consumer income rises. If the supply of linen pants remains constant, producer surplus:

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      经济利润和生产者剩余有什么不同?What is the difference between economic profit and producer surplus?