Illustrate what is the amount of producer surplus

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Reference no: EM1319061

Q1. Would you advocate monetary restraint or stimulus for today's economy?

Q2. If quantity is 20 also if producers receive the seller's price for to output illustrate what is the amount of Producer Surplus?

Q3. Workers are compensated by firms with benefits in addition to income also salaries. The most prominent benefit offered by many firms is health insurance. Assume 2000 workers at one steel plant were paid $20 per hour in addition receive health benefits at rate $4 per hour.

Reference no: EM1319061

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