Slide 1Consumers, Producers, and the Efficiency of Markets M icroeconomics P R I N C I P L E S O F N. Gregory Mankiw Premium PowerPoint Slides by Ron Cronovich 7 Slide 2…
Slide 10 Do First! How much would you be willing to pay for a pair of Nike Jordans? How would you feel if you got the Jordans for less than you were willing to pay?…
Slide 1 Slide 2 Unit IV Consumer / Producer Surplus (Chapter 4) Slide 3 In this chapter, look for the answers to these questions: What is consumer surplus? How is it…