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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.6
Unit 2 – Supply and Demand
2.6 Market Equilibrium and Consumer and Producer Surplus
mixed difficulty
Producer surplus is the difference between?
The quantity supplied and the quantity demanded in a market.
The additional cost firms incur for producing one more unit of a good.
The total amount firms are willing to sell for and what they actually receive.
The total amount consumers are willing to pay and what they actually pay.
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AP Microeconomics - 2.6 Market Equilibrium and Consumer and Producer Surplus
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Producer Surplus
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