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4: Economic Surplus

Last updated

Jan 4, 2021
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- 3.4: Government Intervention and Disequilibrium
- 4.1: Consumer Surplus

Boundless
Boundless

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Topic hierarchy

4.1: Consumer Surplus
In general as the price of a good increases, the quantity demanded of that good decreases.
4.2: Producer Surplus
Market power is a measure of a firm’s economic strength that affects its pricing and supply decisions.

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