ppf, Managerial Economics

What is producer surplus? “The more the competition among the sellers, the less the producer surplus enjoyed by the producers” – do you agree with the statement. Justify your answer. Suppose, a producer is willing to sell 50Kg potato at price Tk.18/Kg. If the market price of potato is Tk.24/Kg, what will be the total producer surplus of the producer if he/she sells 50Kg potato?
Posted Date: 9/10/2012 1:26:04 PM | Location : United States







Related Discussions:- ppf, Assignment Help, Ask Question on ppf, Get Answer, Expert's Help, ppf Discussions

Write discussion on ppf
Your posts are moderated
Related Questions
Country A has a fixed exchange rate with country B. Due to a recession in country B, demand for A's goods falls. Draw what would happen on the graph below. On the graphs, draw what

Q. What do mean by Convex Isoquant? Isoquants are convex to the origin: At any point of an isoquant,the slope is negative. Its numerical value measures the marginal rate of te

Q. What is Internal Diseconomies of Scale? Internal economies of scale exist only up to a certain size of the plant. Size of plant is called the optimum plant size since with t

Traditional theoretical concepts to actual business behaviour Accommodating traditional theoretical concepts to actual business behaviour and conditions: Managerial economic

Explain about Pragmatic Managerial economics is pragmatic. In pure micro-economic theory, analysis is performed based on certain exceptions that are far from reality. Though in

Bank Deposit Bank notes and coins together constitute the currency in circulation.  But they form only a part of the total money supply.  The larger part of the money supply i

explain the law of demand. briefly discuss the exception to the law of demand

explain critically growth maximisation model of morris ?

arguments in favour of traditional theory of profit maximization

Why do the inclusion of opportunity costs in cost-and-supply analyses help individuals make better decisions and improve outcomes?