How to calculate producer surplus

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  • Опубликовано: 29 окт 2024

Комментарии • 27

  • @stargaze7586
    @stargaze7586 2 года назад +5

    10 years later and this is the best explanation I saw, thank you very much❤❤

  • @robbify50
    @robbify50 11 лет назад +12

    You make this so simple. Thanks a lot!

  • @emmacxoxo1
    @emmacxoxo1 12 лет назад +13

    bless your heart you saved my life

  • @iishuffle28
    @iishuffle28 11 лет назад +2

    Thank you so much for uploading these videos. They are very clear and easy to understand.

  • @FreeEconHelp
    @FreeEconHelp  12 лет назад +2

    @LaToyaStyle it should work to calculate the difference between the cost for each cup for each firm (assuming costs are lower than the price) and then add them up to get total producer surplus. This is what is going on mathematically behind the scenes of calculating the area of the triangle.

  • @itshunni8346
    @itshunni8346 2 года назад

    RUclips has always had my back when i forget how to do stuff.

  • @ahmadurrahman4076
    @ahmadurrahman4076 8 лет назад +2

    What happens when the supply curve is vertical ?

  • @harrywu630
    @harrywu630 4 года назад

    My deepest thanks

  • @amj8986
    @amj8986 Год назад

    Thank you!

  • @jasonnimbamer8886
    @jasonnimbamer8886 Год назад

    How about consumer surplus? show one example of it. Thank you

  • @snk9409
    @snk9409 3 года назад

    is that 50 in terms of the $$ cost or the quanity?

  • @ianbarker6867
    @ianbarker6867 2 года назад

    Thank you so much!

  • @saravanansaravanan-iq6cl
    @saravanansaravanan-iq6cl 6 лет назад +1

    In some notes the supply curve is not start from origin pls explain

    • @FreeEconHelp
      @FreeEconHelp  6 лет назад

      Basically producers need a certain amount of money to produce, for example if they needed $5 to cover costs before they would start producing then the supply curve would intersect at a price of 5 rather than 0.

  • @CJ-zt6cw
    @CJ-zt6cw 8 лет назад +1

    at 2:50, you mean area of rectangle? sorry just wanna clarify :)

  • @Samer-Taha
    @Samer-Taha 11 лет назад

    Thank again man!

  • @LaToyaReads
    @LaToyaReads 12 лет назад

    Okay i have a problem. its a table of 3 coffee shops. and 7 cups of coffee per day.each cofee shop has 7 different values. for the cups.
    if the price is 1. 75 how many total cups will the supplied and how much total producer surplus will be earned by coffee shops.
    I dont know how to go about this?

    • @binnetlover2swag
      @binnetlover2swag 2 года назад

      I might be late but would you still like to know?

  • @tariqchohan7607
    @tariqchohan7607 4 года назад

    excellant

  • @jaycellangay5795
    @jaycellangay5795 2 года назад

    Thank you😊

  • @FTA-0
    @FTA-0 5 лет назад +1

    we calculate consumer surplus and producer surplus in a different way!

  • @lyng891
    @lyng891 3 года назад

    Your next video blocks your equation... can't see what you do at the end

  • @imawaterbottle6932
    @imawaterbottle6932 3 года назад +1

    I love you

  • @ahmadahmadi2568
    @ahmadahmadi2568 4 года назад +1

    👍

  • @sienamuccini5912
    @sienamuccini5912 4 года назад

    good video! the mouth noises though...