chapter_9 The Analysis of Competitive Markets 平狄克微观英文版课件.ppt

Chapter 1 Chapter 9 The Analysis of Competitive Markets Topics to be Discussed Evaluating the Gains and Losses from Government Policies--Consumer and Producer Surplus The Efficiency of a Competitive Market Minimum Prices Topics to be Discussed Price Supports and Production Quotas Import Quotas and Tariffs The Impact of a Tax or Subsidy Evaluating the Gains and Losses fromGovernment Policies--Consumer and Producer Surplus Review Consumer surplus is the total benefit or value that consumers receive beyond what they pay for the good. Producer surplus is the total benefit or revenue that producer