Asked by Bill

The cost of producing flat-screen TVs has fallen over the past decade. Let’s consider some implications of this fact.
A.) Draw a supply-and-demand diagram to show the effect of fallen production costs on the price and quantity of flat-screen TVs sold.
B.) In your diagram, show what happens to consumer surplus and producer surplus.

Answers

Answered by le
kaskas
There are no AI answers yet. The ability to request AI answers is coming soon!

Related Questions