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0 30 60 90 120150 1800 Use Market graph above for Yellow Box Fish for questions 1 to 8: 1. What is the Equilibrium (Agreement)

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0 30 60 90 120150 1800 Use Market graph above for Yellow Box Fish for questions 1 to 8: 1. What is the Equilibrium (Agreement) Quantity Sold to Buyers? . What is the Equilibrium Price? . What Area shows Total Revenue (Total Expenditures)? 2 3 4. What Area shows Total Cost (to the Seller)? 5. What Area shows Total Maximum Value (to the Buyer)? 6. What Area shows Profit (to Seller)? 7. What Area shows Consumer Surplus (to Buyer)? (2 pts.) 8. What Area shows Social Surplus (total Trade Gains)

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