(Answered) due to ubers entry how much did the producer surplus decrease bydue to ubers entry how much did the…

➤ How can I calculate the change using a simple supply–demand diagram?
Find the initial intersection of supply and demand to get P0 and Q0. Shift the supply curve right or adjust demand to reflect Uber entry and read P1 and Q1. Measure producer surplus as the area above supply and below price at each equilibrium. Subtract new PS from original PS to get the change.