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MICRO assignment 1

MICRO assignment 1 - Supply(Salary Producer Surplus 10...

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Karina Santana Microeconomics February 24, 2010 Sanjay likes his job so much that he would be willing to do it for free. However, his annual salary is $80,000. Producer Surplus with  a salary of $80,000 Total Hours Demand (Salary)
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Unformatted text preview: Supply (Salary) Producer Surplus 10 $15,000 $20,000 $5,000 20 $25,000 $40,000 $15,000 30 $40,000 $50,000 $10,000 40 $55,000 $85,000 $30,000 50 $100,000 $120,000 $20,000 Total Producer Surplus= $80,000...
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