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3 years ago

Suppose the demand for tacos decreases. What will happen to producer surplus in the market for tacos?

Business

1 answer:

velikii [3]3 years ago

6 0

Answer:

it decreases

Explanation:

As a result of the decrease in demand for tacos, the price of tacos would fall, all other things remaining equal.

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product. As a result of the fall in price, the producer surplus would decrease.

Assume that price of tacos before the fall in demand is $10

the least price, the seller is willing to sell tacos is $3.

Producer surplus = $10 - $3 = $7

After the fall in demand, price falls to $8

producer surplus becomes = $8 - $3 = $5

We can see that producer surplus fell

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1 year ago

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3 years ago

Let $S$ be the set of complex numbers of the form $a + bi,$ where $a$ and $b$ are integers. We say that $z \in S$ is a unit if t

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Number of units possible in S are 4.

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Given <em>S</em> is a set of complex number of the form $a+bi$ where <em>a</em> and <em>b</em> are integers.

$z\in S$ is a unit if $w\in z$ exists such that $zw=1$ .

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Number of units possible = ?

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Given that:

$zw = 1$

Taking modulus both sides:

$|zw| = |1|$

Using the property that modulus of product of two complex numbers is equal to their individual modulus multiplied.

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$|z_1z_2|=|z_1|.|z_2|$

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$|zw| = |1|\\\Rightarrow |zw| =|z|.|w| =1\\\Rightarrow |z|=\dfrac{1}{|w|}$ ......... (1)

Let $z=a+bi$

Then modulus of z is $|z| = \sqrt{a^2+b^2}$

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(a = 1, b = 0) , (a = -1, b = 0), (a = 0, b = 1) OR (a = 0, b = -1)

So, the possible complex numbers can be:

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Hence, number of units possible in S are 4.

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4 years ago