Producer surplus is the difference between the lowest price a firm is willing to accept for a product and the price it actually receives for the product. true or false

answer///video, because samuel can show his work in real time and be better understood;

when consumers have more money to pay for a product, the most likely situation to occur from the possible options on the list is (2) an increase in price for computer and computer accessories will happen.

companies tend to price products according to production costs, but they also take into account how much money would a consumer in certain segments be willing to pay for their product. if they have more money, the products would definitely be priced higher.

colorswithkids_(# of how many kids are in the class)

explanation: