The buyers side of the market for amusement park tickets consists of two consumers whose demands are
Question:
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
Principles Of Microeconomics
ISBN: 9780521775267
2nd Brief Edition
Authors: Robert Frank, Ben Bernanke
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