English, asked by TanmeetWalia, 5 months ago

in case of increase favor in organic foods, producer surplus will rise or fall?

Answers

Answered by PoisionBabe
1

Explanation:

As the equilibrium price increases, the potentialproducer surplus increases. As the equilibrium price decreases, producer surplus decreases. Shifts in the demand curve are directly related to producer surplus. ... If supply decreases,producer surplus decreases.

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