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2. Problem #2 Figure-2, at equilibrium, calculate: Price 170 + 160 + S 150 140 + 130 + 120 110 + 100+ 90 80+ 70

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2. Problem #2 Figure-2, at equilibrium, calculate: Price 170 + 160 + S 150 140 + 130 + 120 110 + 100+ 90 80+ 70 60+ SO 40 30+ 20+ 10 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Quantity Given A) Producer Surplus. (1 Mark) B) Consumer Surplus. (1 Mark) C) Total Surplus. (1 Mark)

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