question archive 12) Given the equilibrium quantity of 300 units, which areas represent PRODUCER SURPLUS? a) c + d
Subject:EconomicsPrice: Bought3
12) Given the equilibrium quantity of 300 units, which areas represent PRODUCER SURPLUS?
a) c + d.
b) a + b.
c) a + c.
d) b + d.
13) Given the equilibrium quantity of 300 units, which areas represent CONSUMER SURPLUS?
a) c + d.
b) a + b.
c) a + c.
d) b + d.