Calculate consumer surplus and producer surplus using integration (CROSBI ID 624613)
Prilog sa skupa u zborniku | stručni rad | međunarodna recenzija
Podaci o odgovornosti
Radišić, Bojan ; Štavlić, Katarina
engleski
Calculate consumer surplus and producer surplus using integration
The paper describes two economics terms consumer surplus and producer surplus using the definite integrals (the Riemann integral). The consumer surplus is the difference between what consumers are willing to pay and actual price. The producer surplus is the difference between what producers selling at the current price, rather than at the price they would have been are willing to accept. Using the definite integrals describe terms and mathematical formulas of the consumer surplus and the producer surplus and will be applied to the numerical examples.
Consumer surplus ; producer surplus ; definite integral ; integration.
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
Podaci o prilogu
2540-2543.
2015.
objavljeno
Podaci o matičnoj publikaciji
Istanbul:
Podaci o skupu
ICAMEM 2015 : 17th International Conference on Applied Mathematics and Engineering Mathematics
poster
21.05.2015-22.05.2015
Istanbul, Turska