If the Ruler Is Not Displayed Above Your Document, Click

question 362

Short Answer

If the ruler is not displayed above your document, click the View tab, and then in the Show group, select ____________________.

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Definitions:

Producer Surplus

The difference between what producers are willing to sell a good for and the price they actually receive.

Price Ceiling

Price Ceiling is a government-imposed limit on how high a price can be charged for a product or service, intended to protect consumers from excessive costs.

Market Equilibrium

Market equilibrium is a condition in a market where the quantity demanded equals the quantity supplied, resulting in no pressure for the price to change.

Consumer Surplus

The gap between the total sum consumers are ready and able to spend on a good or service, and the sum they actually do spend.