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3. Consumer Surplus & Producer Surplus in a Market A. For the demand & supply equations given, fill in the columns & show where equilibrium
3. Consumer Surplus & Producer Surplus in a Market A. For the demand & supply equations given, fill in the columns & show where equilibrium occurs by bolding the row. D: P = 1000 - 2*QD S: P = 200 + 2*QS P QD QS 1000 900 800 700 600 500 400 300 200 100 0 0.5 0.5
| 3. Consumer Surplus & Producer Surplus in a Market | |||||||||
| A. | For the demand & supply equations given, fill in the columns & show where equilibrium occurs by bolding the row. | ||||||||
| D: P = 1000 - 2*QD | S: P = 200 + 2*QS | ||||||||
| P | QD | QS | |||||||
| 1000 | |||||||||
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| 500 | |||||||||
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| 200 | |||||||||
| 100 | |||||||||
| 0 | |||||||||
| 0.5 | 0.5 |
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Statistics Informed Decisions Using Data
Authors: Michael Sullivan III
5th Edition
9780134133539
