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What are the consumer and producer surplus?
Consumer and producer surplus:
At equilibrium P1Q1 (as point B, here demand equals supply)
It is equal to area P1AB, it represents the difference among the amounts buyers into aggregate were willing to pay for the good or service compared to what they really did pay (P1), and in effect the usefulness the buyer received but they did not pay for.
It is equal to area P1BC that represents the difference among the price firms in approx would have accepted for the good or the service supplied compared to that they in fact did receive (P1).
XYY humans are fertile males. XXX humans are fertile females. What do these observations reveal about the mechanisms of sex determination and dosage compensation?
Quantitative Methods - Therapeutic diets Quantitative Methods: These are often essential for constructing Lherapeutic diets. The two ways by which this could be done are as
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