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Indivisibilities And Consumers’ Surplus
1992Abstract THE ‘ optimum’ conditions of exchange and production which were developed in Chapter VIII, and discussed in Chapter IX, apply only to marginal changes. That is sufficiently obvious. The whole analysis was conducted in terms of rates of exchange or transformation; and wherever it makes sense to speak of rates, there, by ...
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Consumer Surplus from Discrete Choice Models
Journal of Environmental Economics and Management, 1995zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Nonlinear Pricing: Capturing Consumer Surplus
2013Chapter 12 shows how a price-searching firm maximizes profits if its product faces a well-defined downward-sloping demand curve, given that the firm must sell all units of its product for the same price and that the per-unit price is the only charge that the seller can impose on the product’s buyers.
Michael R. Hammock, J. Wilson Mixon
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This is a unique account of the role played by 58 figures and diagrams commonly used in economic theory. These cover a large part of mainstream economic analysis, both microeconomics and macroeconomics and also general equilibrium theory.
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Calculate consumer surplus and producer surplus using integration
2015The paper describes two economics terms consumer surplus and producer surplus using the definite integrals (the Riemann integral). The consumer surplus is the difference between what consumers are willing to pay and actual price. The producer surplus is the difference between what producers selling at the current price, rather than at the price they ...
Štavlić, Katarina, Radišić, Bojan
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