Timeline for Do the three ways of measuring producer’s surplus give the same result?
Current License: CC BY-SA 4.0
6 events
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Mar 9, 2020 at 7:27 | comment | added | Eltea Trialdi | Ups, my bad. Sorry. Both of you are right. Thanks for the correction.🙏 | |
Mar 7, 2020 at 22:57 | comment | added | Herr K. | The second method would give $\frac12(9-3)3=9$, same as first. | |
Mar 7, 2020 at 18:58 | comment | added | Giskard | "Both MC and AVC are linear curves emanating from 0." This is not true, from your formula $MC$ clearly starts at the height 3. This is relevant because "1/2.MC.Q" calculates the area of a triangle with height $MC$ and base $Q$, but in your example the area under the $MC$ is not a triangle, as it does not start from 0. | |
Mar 7, 2020 at 6:45 | review | Late answers | |||
Mar 10, 2020 at 2:34 | |||||
Mar 7, 2020 at 6:30 | review | First posts | |||
Mar 7, 2020 at 22:57 | |||||
Mar 7, 2020 at 6:29 | history | answered | Eltea Trialdi | CC BY-SA 4.0 |