The resource has been added to your collection
Be able to explain what consumer surplus, producer surplus, and social gain are in graphical terms given the supply and demand curves.
Questions answered by this video:
How do you find the consumer surplus, the producer surplus, and the total social gain by computing integrals on a TI graphing calculator given a demand and supply function that are functions of the quantity?
How do you find the equilibrium quantity and price given supply and demand functions?
How do you find the equilibrium quantity and price for a situation using the Equation Solver on a TI graphing calculator?
This resource has not yet been reviewed.
Not Rated Yet.