#865591

#865591: The change in … surplus associated with a price change has a roughly trapezoidal shape. It can be interpreted as the change in utility associated with the price change.

The change in … surplus associated with a price change has a roughly trapezoidal shape. It can be interpreted as the change in utility associated with the price change.
Варианты ответа:
  • Supplier’s
  • Consumer’s
  • Producer’s

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Тематика: Микро- и макроэкономические основы рыночного ценообразования Теория отраслевых рынков Экономическая мысль дорыночной экономики
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In general, we can use the compensating variation and the equivalent variation in income to measure the monetary impact of a … change. If utility is …, the compensating variation, the equivalent variation, and the change in consumer’s surplus are all equal. In the case of supply behavior we can define a producer’s surplus that measures the net benefits to the supplier from producing a given amount of output. The term v(n) − pn is called consumer’s surplus. If a single consumers is involved we can add up each consumer’s surplus across all the consumers to create an aggregate measure of the consumers’ surplus.