THE EFFECTIVE THEORY OF PRODUCER AND CONSUMER SURPLUS: POSITIVE DEMAND, NEGATIVE SUPPLY

Dr Suresh Kumar Sahani

doi:10.51699/cajmtcs.v4i8.500

Authors

Dr Suresh Kumar Sahani Department of mathematics, MIT Campus, T. U., Janakpur, Nepal

DOI:

https://doi.org/10.51699/cajmtcs.v4i8.500

Keywords:

surpluses from consumers, producers, businesses

Abstract

This paper shows that there is extra value for consumers and producers, and together for everyone, without relying on the expectation of prices becoming better. This extra is the amount that is more than what could have been gained otherwise. Instead of waiting for prices to go up, it's better to have a positive attitude and work harder to make production more efficient in order to increase the surplus. This paper also shows how demand and supply can look different than usual.

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