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2. At a price of $40, consumers will buy 3 bouquets of flowers and suppliers will sell 3 bouquets for Valentine's day. Price Suppliers are

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2. At a price of $40, consumers will buy 3 bouquets of flowers and suppliers will sell 3 bouquets for Valentine's day. Price Suppliers are Bouquet of Flowers Price Consumers are Willing to Accept Willing to Pay $20 q st $55 $25 and $50 $40 3rd $40 $50 4 th $25 $55 5 th $20 a. What is the consumer surplus for the 1st bouquet of flowers? b. What is the consumer surplus for the 2nd bouquet of flowers? c. What is the total consumer surplus for all 3 bouquets of flowers? d. What is the producer surplus for the 1 st bouquet of flowers? e. What is the producer surplus for the 2nd bouquet of flowers? f. What is the total producer surplus for all 3 bouquets of flowers? g. What is the total net benefit at 3 bouquets

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