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Home / Questions / Consider the following demand equation. p = 6,000 - (1/3) What is the Consumer Surplus wh...

Consider the following demand equation. p = 6,000 - (1/3) What is the Consumer Surplus when p* = 690? (A) $15,930 (B) $3,478,050. (C) $84,588,300. (D) None of the above. I 11. Consider the following

 Consider the following demand equation. p = 6,000 - (1/3) What is the Consumer Surplus when p* = 690? (A) $15,930 (B) $3,478,050. (C) $84,588,300. (D) None of the above. I 11. Consider the following supply equation. p=600 +34 What is the Producer Surplus when p*= 30,00? (A) $144,060,000. (B) $288,120,000 (C) $576,240,000. (D) None of the above.

Apr 26 2021 View more View Less

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