Producer Surplus
NewInteractive Practice | MRU
How are consumers and producers affected by changes in market prices? This set of interactive questions helps students identify changes in consumer and producer surplus on a supply and demand graph. Deadweight loss is also illustrated.
What is Economic Surplus
When there is a significant increase in assets over the amount of liabilities a firm holds, it has an economic surplus. This article focuses on the term when it relates to producer and consumer surpluses.
