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What are the consumer and producer surplus?
Consumer and producer surplus:
At equilibrium P1Q1 (as point B, here demand equals supply)
It is equal to area P1AB, it represents the difference among the amounts buyers into aggregate were willing to pay for the good or service compared to what they really did pay (P1), and in effect the usefulness the buyer received but they did not pay for.
It is equal to area P1BC that represents the difference among the price firms in approx would have accepted for the good or the service supplied compared to that they in fact did receive (P1).
Eastern/Western/Venezuelan equine encephalitis This encephalitis causing group of viral diseases of wild birds including pheasants, chickens, turkeys, ducks and pigeons with a
Compared to amphibians what is an example of evolutionary novelty present in beings of the class Reptilia against the loss of water through the skin? The reptile skin is kerat
How it respire
How would consuming fewer than 1,200 kcalories per day impact metabolism.
Explain the life cycle of Nitrogen ? Nitrogen cycle: Along with carbon, hydrogen, and oxygen, nitrogen is one of the most common elements that form biological molecules. Nitr
Discuss mental nerve, its anatomic variation and surgical importance. Mental nerve, branch of inferior alveolar nerve is a very important landmark during osteotomy procedures.
Define Aerobic Exercise or Aerobic Energy System? To produce necessary energy, the body uses an aerobic pathway and an anaerobic pathway. Exercise that relies heavily on oxygen
Explain the True indications of Endodontic Surgery 1. Failure of non-surgical endo. Re-treatment "persistent lesion" 2. Failure of initial and retreatment will not achieve b
Define the Interaction of Vitamin C with other Nutrients? Having gone through the discussion above it must be evident to you that nutrients are interdependent and are related t
Q. What is the difference between primary ecological succession and secondary ecological succession? The Primary ecological succession is the changing sequence of communities f
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