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Mary pushes horizontally on a large, heavy table, which is standing alone in the middle of a room, and notes that the table does not move despite the fact that she is pushing on it (see the figure) . Why doesn't the table move?
Opportunity Cost
The expense incurred by not selecting the second-best option when deciding among various choices.
Willingness to Pay
The maximum amount an individual is prepared to expend on a good or service to procure it.
Producer Surplus
The difference between the amount producers are willing to sell a good for and the amount they actually receive.
Tax Revenue
The tax revenue that governments obtain.
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