Pregled bibliografske jedinice broj: 763809
Calculate consumer surplus and producer surplus using integration
Calculate consumer surplus and producer surplus using integration // ICAMEM 2015 : 17th International Conference on Applied Mathematics and Engineering Mathematics
Istanbul, 2015. str. 2540-2543 (poster, međunarodna recenzija, cjeloviti rad (in extenso), stručni)
CROSBI ID: 763809 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Calculate consumer surplus and producer surplus using integration
Autori
Radišić, Bojan ; Štavlić, Katarina
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), stručni
Skup
ICAMEM 2015 : 17th International Conference on Applied Mathematics and Engineering Mathematics
Mjesto i datum
Istanbul, Turska, 21.05.2015. - 22.05.2015
Vrsta sudjelovanja
Poster
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
Consumer surplus ; producer surplus ; definite integral ; integration.
Sažetak
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.
Izvorni jezik
Engleski
Znanstvena područja
Matematika, Ekonomija
POVEZANOST RADA
Ustanove:
Veleučilište u Požegi
