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Producer surplus is A. always equal to zero for a competitve firm in a long run equilibrium B. always greater than zero for a competitive firm in a long run equilibrium C. defined as the area below th

Producer surplus is A. always equal to zero for a competitve firm in a long run equilibrium B. always greater than zero for a competitive firm in a…

Producer surplus is A. always equal to zero for a competitve firm in a long run equilibrium  B. always greater than zero for a competitive firm in a long run equilibrium  C. defined as the area below the supply curve and above the price  D. defined as the area above the supply curve and above the price

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