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disa [49]
3 years ago
12

What is the relationship between a good's price and the amount that people are willing to buy?

Business
1 answer:
drek231 [11]3 years ago
4 0
Quantity and quality.
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Look at the two tables below. What is the total surplus if Bob buys a unit from Carlos? If Barb buys a unit from Courtney? If Bo
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Total surplus is the sum of consumer surplus and producer surplus.

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Producer surplus is the difference between the least amount a seller is willing to sell his product and the price he sells the product.

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