Producer surplus in the short run

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     is equal to profit when fixed cost is greater than zero.
      is greater than profit when fixed cost is greater than zero.
      is equal to revenue minus variable cost minus fixed cost.
      is equal to the fixed cost of production.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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is greater than profit when fixed cost is greater than zero.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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