Ad Space — Top Banner

Microeconomics Formulas

Microeconomics formulas for consumer surplus, producer surplus, price elasticity, market structures, game theory, and profit maximization.

Lerner Index (Market Power Formula)

Lerner Index = (P - MC) / P. Measure a firm's market power: how far its price exceeds marginal cost. From 0 (competition) to 1 (monopoly).
Ad Space — Bottom Banner

Embed This Calculator

Copy the code below and paste it into your website or blog.
The calculator will work directly on your page.