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| | Economic surplus - Encyclopedia.WorldSearch |
 | | For information about a budget surplus, see budget deficit. | | | A basic technique of bargaining for both parties is to pretend that their surplus is less than it really is: sellers may argue that the price they asks hardly leaves them any profit, while customers may play down how eager they are to have the article. | | | The consumer surplus is the amount that consumers benefit by being |
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http://encyclopedia.worldsearch.com/consumer_and_producer_surplus.htm
(371 words)
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| | Learn more about Supply and demand in the online encyclopedia. |
| | The supply curve is the quantity that producers are willing to make at a given price. | | | As you can see, more will be purchased when the price is lower (the quantity goes up). | | | Since the quantity demanded is less than the quantity suppied there will be a oversupply problem. |
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http://www.onlineencyclopedia.org/s/su/supply_and_demand.html
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| | List of economics topics -- Facts, Info, and Encyclopedia article |
| | (The branch of economics that studies the economy of consumers or households or individual firms) Microeconomics | | | ((economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors) Oligopoly | | | (Former measure of the United States economy; the total market value of goods and services produced by all citizens and capital during a given period (usually 1 yr)) Gross national product |
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http://www.absoluteastronomy.com/encyclopedia/l/li/list_of_economics_topics.htm
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| | Elasticity (economics) |
| | Elasticityis also crucially important in any discussion of welfare distribution: in particular consumer surplus, producer surplus, or government surplus. |
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http://www.therfcc.org/elasticity-economics--3250.html
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