Intermediate Microeconomics: Consumer surplus, producer surplus, price controls, and taxes, Part 1

[@jad7979]

Nice explanation, Easily understood

[@DrAzevedoEcon]

Happy to help!

[@varungudralacademy]

Sir at 28:00 are you sure buyers are on the upper side. My proposition is that they should be on the lower side.

[@DrAzevedoEcon]

If you'll go back and take another listen to the 28-minute mark, you'll see that I am indeed talking about the sellers being represented by the supply curve. If we're talking about the right side of the picture, the non-sellers are on the top side and the non-buyers are on the lower side.

[@WijthaGayan]

this ultra legend teacher

[@DrAzevedoEcon]

Thanks!