The buyers side of the market for amusement park tickets consists of two consumers whose demands are

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The buyers’ side of the market for amusement park tickets consists of two consumers whose demands are as shown in the diagram below. (LO2 , LO3)

a. Graph the market demand curve for this market.

b. Calculate the total consumer surplus in the amusement park market if tickets sell for $12 each.

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Related Book For  book-img-for-question

Principles Of Microeconomics

ISBN: 9780521775267

2nd Brief Edition

Authors: Robert Frank, Ben Bernanke

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