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How to Calculate Producer Surplus and Consumer Surplus from Supply and Demand Equations | Think Econ
6:20
YouTubeThink Econ
How to Calculate Producer Surplus and Consumer Surplus from Supply and Demand Equations | Think Econ
In this video we explain how you can calculate Producer Surplus and Consumer Surplus step-by-step, starting with nothing but the supply and demand equations! We go over an algebraic solution to show you exactly how to calculate consumer and producer surplus given the demand and supply equations! This channel is just getting started so if you ...
311.8K viewsNov 12, 2022
Producer Surplus Explained
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