sylviaelizabeth4372 sylviaelizabeth4372
  • 25-07-2017
  • Business
contestada

The difference between the willingness to sell a good and the price a producer receives is also known as:

Respuesta :

Erudite1
Erudite1 Erudite1
  • 01-08-2017
It is known as PRODUCER SURPLUS. Producer surplus is a measure of the difference between the amount of money a producer of a good receives and the lowest amount the producer is willing to accept for the good. The difference, which is the surplus amount is the benefit of the producer for selling the good. 
Answer Link

Otras preguntas

A potter uses 3/5 of a pound of clay to make a bowl. How many bowls could the potter make from 10 pounds of clay
Which NIMS term is defined as the architecture to support coordination for incident prioritization, communications systems integration and information coordinat
Hypothesize why DNA replication has such accuracy
Joel sells ice cream cones at the country fair. he has to rent the equipment for $36 and spend $0.52 on ingredients for each cone. what is the minimum of ice cr
What is 481.372 in expandend form
1 in 4 daily calories should come from fat. True or False
Alienate and estrange are
State the relative humidity at this location at 8pm Thursday
What are some of the issues a couple should focus on during their period of engagement?
Warm fronts often produce violent weather. a. True b. False