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I have been asked to use the law of supply caused by firms experiencing increasing marginal cost in the short run to explain why all producers must
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I have been asked to use the law of supply caused by firms experiencing

increasing marginal cost in the short run to explain why all producers must receive a surplus whenever they produce and sell more than one unit of a product but may receive no surplus if only one unit is sold. I have to make up a numerical example to illustrate & provide two reasons why producer surplus must increase when the price of a product rises. 

Step-by-step answer

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