consumer surplus,marginal cost
consumer and producer surplus price consumer surplus s between
taxesthe tax revenue takes part of the consumer surplus and
consumer surplus at price p2
demand curve and above the price measures the consumer surplus
consumer surplus theory and policy of international trade 2013-7
- marginal cost
- price floor
- game theory
- kinked demand curve
- demand curve
- lorenz curve
- indifference curve
- market failure
- marginal product
- renewable resources
- long run
- money market
- supply curve
- learning curve
- total revenue
- money supply
- aggregate demand
- monetary policy
- factors of production
- production function
- pareto efficiency
- indirect taxes
- explicit costs
- market equilibrium
- monetary base
- total utility
- labor force
- economic rent
- economic growth
- fiscal policy