The Maxwell School

Syracuse University

Syracuse University

Here are some practice problems that involve calculating producer surplus. You can check your work via the solution link below each one.

A seller's individual willingness to accept for a good is given by the equation:

WTA = 100 + 5*Q

If the price of the good is $250, how many units would he sell and what would be his producer surplus?

Suppose 20 identical sellers each have a willingness to accept curve given by the equation below, where *i* indicates seller *i*:

WTAi = 5 + 0.1*Qi

If the price of the product is $12, what is the producer surplus received by an individual seller? What is the total producer surplus received by the group?

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URL: https://wilcoxen.maxwell.insightworks.com/pages/1923.html

Peter J Wilcoxen, The Maxwell School, Syracuse University

Revised 08/17/2016

URL: https://wilcoxen.maxwell.insightworks.com/pages/1923.html

Peter J Wilcoxen, The Maxwell School, Syracuse University

Revised 08/17/2016