Edited, memorised or added to reading queue

on 27-Jun-2016 (Mon)

Do you want BuboFlash to help you learning these things? Click here to log in or create user.

Flashcard 150902234

Tags
#cfa #economics #has-images #surplus
Question

What part of the graph illustrate consumer (red) and producer (blue) surpluses?
Answer
areas (the unit is price times quantity)

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition

Parent (intermediate) annotation

Open it
Graph illustrating consumer (red) and producer (blue) surpluses on a supply and demand chart.

Original toplevel document

Economic surplus - Wikipedia, the free encyclopedia
From Wikipedia, the free encyclopedia Jump to: navigation, search This article is about consumers' and producers' surplus. For information about other surpluses, see Surplus. <span>Graph illustrating consumer (red) and producer (blue) surpluses on a supply and demand chart In mainstream economics, economic surplus, also known as total welfare or Marshallian surplus (named after Alfred Marshall), refers to two related quantities. Consumer surplus or consume