prescious12 prescious12

02-07-2021
Mathematics

contestada

suppose demand is given by P-120-5Q if the price drops from 80 per unit to 60 what is the change in consumer surplus

Respuesta :

thapakopila026 thapakopila026

02-07-2021

Answer:

4

Step-by-step explanation:

p=120 -5Q

when p = 80

80 = 120 -5Q

Q=8

and when p= 60

60 = 120 -5Q

Q=12

so, change in consumer surplus = 12-8

= 4

Answer Link

Otras preguntas

Self-esteem begins to develop in the early years of life. TRUE or FALSE

Identify the type of sentence. After the supplies are delivered, we will decorate the room. simple sentence compound sentence complex sentence No set rule exi

Booker T. Washington, in his "Atlanta Compromise" speech in 1895, advocated a. separate but equal status. b. African Americans' prosperity in proportion to thei

Sometimes, people who observe others in need do not help them because a. they don't know what to do. b. they think someone else will help. c. they don't thin

What is the pressure of 5.0 mol nitrogen gas in a 2.0 L container at 286 K

The term “white man’s burden” refers to

(-3 - 5i)(-3 + 5i) =

Rock and ice particles make up the _______ of the jovian planets. ring system craters volcanoes asteroids

Something that people put money into in hopes of making more money is called a(n) _____. fad return investment

a lawn had an area of 100 square feet. If it was 10 feet width, how long was it?