【文章內(nèi)容簡(jiǎn)介】
. ?It measures how much the buyer values the good or service. Consumer surplus is the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it. Four Possible Buyers’ Willingness to Pay... Bu y er Wi l l i ng ness to PayJ ohn $100Paul 80Geor ge 70Ringo 50P r i c e B u y e r Q u a n t i t y D e m a n d e d M o r e t h a n $ 1 0 0 N o n e 0 $ 8 0 t o $ 1 0 0 J o h n 1 $ 7 0 t o $ 8 0 J o h n , P a u l 2 $ 5 0 t o $ 7 0 J o h n , P a u l , G e o r g e 3 $ 5 0 o r l e s s A l l 4 Measuring Consumer Surplus with the Demand Curve... Price of Album 50 70 80 0 $100 1 2 3 4 Quantity of Albums John’s willingness to pay Paul’s willingness to pay Gee’s willingness to pay Ringo’s willingness to pay Demand Measuring Consumer Surplus with the Demand Curve... Price of Album 50 70 80 0 $100 1 2 3 4 Quantity of Albums Demand John’s consumer surplus ($20) Price = $80 Measuring Consumer Surplus with the Demand Curve... Price of Album 50 70 80 0 $100 1 2 3 4 Quantity of Albums Demand John’s consumer surplus ($30) Total consumer surplus ($40) Price = $70 Paul’s consumer surplus ($10) How the Price Affects Consumer Surplus... Q2 P2 Quantity Price 0 Demand Initial consumer surplus Additional consumer surplus to initial consumers Consumer surplus to new consumers Q1 P1 D E F B C A Producer Surplus ?Producer surplus is the amount a seller is paid minus the cost of production. ?It measures the benefit to sellers participating in a market. Se l l er Co stMary $900Frida 800Ge or gia 600Gr and ma 500Producer Surplus and the Supply Curve Pr i ce Sel l er sQuantit ySup pli ed$90 0 or m ore M ar y , Fr i da, G eor g i a,G r andm a4$80 0 to $90 0 Fr i da, G eor g i a, G r andm a 3$60 0 to $80 0 G eor g i a, G r andm a 2$50 0 to $60 0 G r andm a 1Less tha n $5 00 N one 0Producer Surplus and th