Use the following to answer questions
Figure: Determining Surplus 
-(Figure: Determining Surplus)In the graph,the formula for producer surplus is 0.5 × (i - j)× (k - i).
Definitions:
Memo Pads
Stationery items consisting of small sheets of paper for brief notes, reminders, or messages.
Short Run
A period in which at least one input or factor of production is fixed, allowing only some inputs to change.
Long Run
A period of time in economics during which all inputs and factors of production can be adjusted, allowing for full industry adjustment to changes.
Production
The process of combining inputs to make goods or services.
Q16: Prices provide no information other than a
Q54: Graphically,a surplus is below equilibrium.
Q61: To answer the question of how the
Q65: Which of the following will shift the
Q87: Producer surplus is the:<br>A) difference between market
Q121: _ refers to the goods and services
Q157: If a market is NOT at equilibrium:<br>A)
Q165: Aggregate supply increases when:<br>A) input prices rise.<br>B)
Q218: Which of the following is NOT one
Q246: (Figure: Determining Surplus 3)In the graph,how much