The producer surplus on a unit of output is the difference between the market price and the opportunity cost of producing it

Indicate whether the statement is true or false

TRUE

Economics

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When an economy becomes attractive to global investors, sparking a capital inflow, one result is often a decrease in net exports. Why?

What will be an ideal response?

Economics

Which of the following is LEAST likely to be a reason for the decline in U.S. union membership?

A) declines in manufacturing employment B) increases in the work force of the public sector C) deregulation of transportation industries D) increasingly more immigrant workers to fill unskilled job positions

Economics