![]() ![]() The consumer surplus is given by the area between the curves p = d (q) and p = p 0 then its value may encounter a definite integral as follows: The area under the demand curve is the total amount that consumers are willing to pay for q 0 items. The shaded area under the line y = p 0 shows the total amount that consumers actually spent on the price p 0 balance. The area between the curve and the straight line represents the consumer surplus. Basically considered as a saving of those people and is called the consumer surplus. The total of the differences between the equilibrium price of the item and the higher prices that all these people accept to pay. However, some consumers will agree to spend more on an item than the equilibrium price. At the equilibrium price, consumers will buy the same amount of product that manufacturers want to sell. The point of intersection of the demand curve and the supply curve for a product gives the equilibrium price. The market determines the price at which a product is sold. Since they could trade between them at an intermediate price and win both. One must be very sure that there can be no trade between the different customers who pay different prices for the same good or service. In order for this practice to be carried out. When a company tries to differentiate prices (charge each customer a different price for the same good or service) is what you are trying to appropriate the consumer surplus and get almost the full benefit. On the other notorious imbalances occur between the fair distribution of wealth between the buyer and the seller. However in some cases the consumer is benefited. In any economy the consumer and producer surplus interact with each other to form more complex systems of relationships. ![]() Moreover the producer does not participate because it would not obtain a surplus. ![]() In the case of that same product of cost 100, which in the market is offered to 90. Then it is said to have a producer surplus of 20. This means that if a seller manufactures a product whose cost is 100 and sells it to 130. It measures the benefit of vendors participating in the market. On the other hand the producer surplus is the amount you receive from the seller minus the cost of production. ![]()
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