who is a consumer, producer,. and market price
Answers
Answered by
2
Answer:
Explanation:
The consumer surplus is the difference between the highest price a consumer is willing to pay and the actual market price of the good. The producer surplus is the difference between the market price and the lowest price a producer would be willing to accept
Answered by
1
Consumer : They are the people who use the product
Producer : They are the people who make the product
Market Price : It is the price the shopkeeper pays to buy a product
HOPE IT HELPS YOU MATE
PLEASE MARK AS THE BRAINLIEST!
:)
Similar questions