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What is Producer Surplus? | Think Econ | Microeconomic Concepts

  Рет қаралды 8,898

Think Econ

Think Econ

Күн бұрын

Пікірлер: 15
@ThinkEcon
@ThinkEcon 2 жыл бұрын
Check out our latest Community Poll: kzfaq.infocommunity to weigh in on which videos you'd like to see more of over the summer months! If you DEMAND it, we'll SUPPLY it!
@lesleychavez4133
@lesleychavez4133 4 ай бұрын
now you have 25k! thanks for explaining so clearly and the colors help so much
@ThinkEcon
@ThinkEcon 2 ай бұрын
Yeah, the channel growth has been so encouraging since my earlier videos. I'm truly glad that you found the video helpful :)
@esthelbanda782
@esthelbanda782 9 ай бұрын
Well explained
@dioleonwolf9577
@dioleonwolf9577 Жыл бұрын
This book I’m reading has 34 chapters,it takes me 30 minutes to read 1; I wake up at 9:00am and sleep at 10:00pm. I spend 2 hours doing my afternoon walk. Now using all this information, how many days would it take me to finish reading the book?
@ThinkEcon
@ThinkEcon Жыл бұрын
Well you do say it takes you 30 minutes to read one, so I’m going to have to say 30 minutes
@dioleonwolf9577
@dioleonwolf9577 Жыл бұрын
@@ThinkEcon let me rephrase: it takes me 30 minutes to read ONE CHAPTER
@_unknown_7104
@_unknown_7104 10 ай бұрын
@@dioleonwolf957717 hours
@FurioAlves
@FurioAlves Ай бұрын
@@dioleonwolf9577 stop being lazy then
@raghunathcherry7075
@raghunathcherry7075 10 ай бұрын
Production surplsvis TR-TVC, May be it is above MC curve and below p
@musaluywa978
@musaluywa978 Жыл бұрын
Is it possible for producer surplus to be negative
@ThinkEcon
@ThinkEcon Жыл бұрын
Since the producer surplus is equal to the triangle I showed in the video, it isn't possible for producer surplus to take on a negative value BUT it is possible to lose some producer surplus, therefore the change in producer surplus could be negative. Does that help answer your question?
@musaluywa978
@musaluywa978 Жыл бұрын
Yes it does, I came across a particular question about consumer and producer surplus which wasn't really making sense to me. So I don't know if you could be of assistance by helping me with the answer to the question and if so, maybe I can email it to you.
@AppahSasu-sx5oz
@AppahSasu-sx5oz Жыл бұрын
How do I get your macro economics lessons
@ThinkEcon
@ThinkEcon Жыл бұрын
We have a Macroeconomics playlist that you might want to check out!
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