What is surplus

Q: On the following graph, show the effect the bad crop in Washington State has on the market for…

A: in economics, the connection between the quantity of an item that makers wish to sell at different…

Q: Explain / Define the terms? a) Marginal utility b) Price c) Supply

A:

Q: What is producer surplus ?

A: Surplus is the quantity of anything remaining behind after all requirements have been satisfied; it…

Q: 3. Ellie sells seashell necklaces at $7 a necklace and currently has enough supply to meet demand.…

A: When the quantity demand is less than the quantity supplied, there will be surplus for the goods in…

Q: What is subsidy

A: What is the meaning of subsidy.

Q: What is surplus by yanis varoufakis

A: Yanis Varoufakis, Greece's current finance minister, talks about a "surplus recycling mechanism," a…

Q: Jungkook bought a new iPhone13 for $1,133. He values the phone at $1,748. Suga values the phone at…

A: A surplus is a level of an asset that exceeds the share consumed. An inventory excess happens when…

Q: A

A: Surplus refers to a situation in an economy when the quantity supplied of a good (Qs) exceeds its…

Q: Explain the two types of demand.

A: Demand refers to consumer's desire and willingness to pay for certain goods and services.

Q: What is the equilibrium price for waffles in this market? What is the equilibrium quantity for…

A: The equilibrium charge is the best charge in which the plans of purchasers and the plans of…

Q: Do you use water for things that are beyond what is nec- essary to sustain life? What if the price…

A: The economics as a study is used to determine how the resources in the society are used to produce…

Q: What's demand

A: Meaning of Microeconomics: The term macroeconomics refers to that situation under which the…

Q: Who gets the benefit when there is surplus of goods in the market household consumers government O…

A: Surplus of goods in the market means the supply of goods is greater than Demand of goods.

Q: Q: (2) a) Graph a situation where the demand of a good increases faster than the supply for the…

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: What is the consumer surplus when the price is $20?

A: option c is the correct Answer Consumer surplus $1000             Explanation shows below :-

Q: J. What is the price range that will result to a surplus in the market?

A: * SOLUTION :-    (J)

Q: What are the factors that caused the consumer surplus?

A: The demand curve shows the association between the amounts of commodity demanded by the consumer at…

Q: What is Demand curve?

A: Demand is a concept that refers to the desire of a consumer to buy services and goods and the…

Q: What is Demand. List all the types of demands and explain them.

A: Demand and supply refers to two of the most important concepts of economics. Businesses plan their…

Q: What is Supply

A: Supply: - in economics, the supply is the amount of a good or service available for sale in the…

Q: What is a perfect market

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: What is an idelized market?

A: Among the different types of market structures, the perfectly competitive market is known as an…

Q: If there is a surplus of a commodity, then, the price will rise إخكر واحدان thi O

A: Disclaimer: Since you have asked multiple questions, we solve the first one for you. If you require…

Q: Total surplus in this market is s million.

A: ‘Total surplus’ is the total consumer's surplus added with the total producer’s surplus. The…

Q: B. The law of consumer surplus is based on

A: To find : What is law of consumer surplus based on.

Q: llustrate in a graph the table below, and a demand curve that will clearly show the performance of…

A: The graph shown in below:

Q: On a graph, consumer surplus is represented by the area

A: Consumer surplus is the difference between the price a consumer is willing to pay and the actual…

Q: shortage or surplus? Explain. 2. If the number of cases increased, what would be the resulting…

A: If importation fee is increased then the price of vaccination will also rise as the supplier needs…

Q: Explain the Differentiation between market surplus and shortage?

A: Market surplus when in the market demand of a good is less than the supply of the good. In the…

Q: Consider a market in equilibrium. Suppose supplyin this market increases. How will this affect…

A: Consumer surplus is computed as the difference between the maximum price that a potential consumer…

Q: What is consumer surplus

A: Consumer purchases goods and services to satisfy their needs and wants. The concept of consumer…

Q: I. What is the equilibrium quantity in this market? J. What is the price range that will result to a…

A: We have given that  Qxd=65000-11.25Px+15Py-3.75I+7.5A           .... (1) Qxs=7500+14.25Px-15Pz-3.75C…

Q: Suppose the demand for tomato juice falls. 1.Producer surplus in the market for tomato juice____?…

A: Producer Surplus(PS) is defined as 'the area above the supply curve and below the price level'. In…

Q: The goverment has lowered taxes on cattie ranchers the supply of beef will seae What determinant of…

A: The market forces of demand and supply determine the equilibrium price and quantity of a good in the…

Q: Find quilibrium  What is consumer surplus when equilibrium quantity is 10 units

A: When a product's demand is perfectly elastic, its consumer surplus is zero. This is due to the fact…

Q: Read the following excerpts from‘Goat meat as alternative meat source has producers struggling to…

A: There are number of reasons which shows the cause of increase in the price of goat meat in recent…

Q: what is a quantity demanded? taking example

A: Quantity demanded is the total number of a good or service that is demanded by the consumers over a…