7消费者生产者与生产效率英文版.ppt

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * CONSUMERS, PRODUCERS, AND THE EFFICIENCY OF MARKETS * P Q How a Lower Price Reduces PS If P falls to $30, PS = ? x 15 x $15 = $112.50 Two reasons for the fall in PS. S 1. Fall in PS due to sellers leaving market 2. Fall in PS due to remaining sellersgetting lower P P Q supply curve A. Find marginal seller’s cost at Q = 10. B. Find total PS for P = $20. Suppose P rises to $30.Find the increase in PS due