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Q: How is equilibrium price determined in a tree market?
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True or False If a local Christmas tree farmer is earning a producer surplus on each Christmas tree he sells then his customers cannot enjoy any consumer surplus on the Christmas trees they buy?

False. It depends on the price consumers are willing to pay for the producer's Christmas tree. For example, if the producer is willing to sell his tree at $3 but the market price is $5, then the surplus for the producer is $2. Say, a consumer is willing to buy the tree at $15, then the consumer surplus us $10. Remember that the consumer surplus is the are under the demand curve and above the horizontal line passing through the equilibrium price. As long as this area exists, then it is possible for consumers to enjoy a consumer surplus.


Does the efficient market theory apply to foreign exchange markets?

The Efficient Market Hypothesis (EMH) states that the current market price fully reflects all available information. The conclusion from a recent study Measuring the efficiency of the Intraday Forex Market with a Universal Data Compression Algorithm by Y. Kahiri, A. Shmilovici and S. Hauser of Ben-Gurion University concluded: though the context tree is a useful tool for forecasting time series, the Forex marketis efficient most of the time, and the short periods of inefficiency are not sufficient in generating excess profit.


Is apple tree monocotyledon?

No - an apple tree is a dicot.


How long does it take to plant a tree?

it all depends on what tree you are planting but if it is an apple tree up to 6 months


Economic values of a tree?

economic value of mango tree

Related questions

True or False If a local Christmas tree farmer is earning a producer surplus on each Christmas tree he sells then his customers cannot enjoy any consumer surplus on the Christmas trees they buy?

False. It depends on the price consumers are willing to pay for the producer's Christmas tree. For example, if the producer is willing to sell his tree at $3 but the market price is $5, then the surplus for the producer is $2. Say, a consumer is willing to buy the tree at $15, then the consumer surplus us $10. Remember that the consumer surplus is the are under the demand curve and above the horizontal line passing through the equilibrium price. As long as this area exists, then it is possible for consumers to enjoy a consumer surplus.


Does the canopy shape of tree is determined by type of root?

yes Not always. The shape of thecanopy is determined by the type of tree and the surrounding space.


What is the price of biscuits?

about tree fiddy


When did the first aluminum Christmas tree go on the market?

on the market of dec.24 1900s


Where is the flea market in harvest moon tree of tranquility?

the flea market is in Waffle Square


How can we tell how old a tree a rock and a horse is?

1. The age of a tree can be determined by counting the annual rings (cambiam rings in dicotledons). 2. The age of a horse is determined by the number of teeth 3.The age of rocks can be determined by carbon dating.


How much money did The Tree of Life gross domestically?

The Tree of Life grossed $13,305,665 in the domestic market.


Where is the market in magic tree house in Poptropica?

on main street


What amazonian tree has the highest price value?

hynthyngihjtbel


What is the price of lucky charms cereal?

about tree fidy...


How do you get a holiday tree on FarmVille?

Wait for the holiday season, then buy it in the Market.


Where do you get acai tree in Farmville?

You have to buy it in the market for 27 farm cash