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8. Total economic surplus The following diagram Shows supply and demand in the market for smartphones Use the black point (plus symbol) to indicate the

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8. Total economic surplus The following diagram Shows supply and demand in the market for smartphones Use the black point (plus symbol) to indicate the equilibrium price and quantity of woner. Then use the green punt (trange symbol to the area representing consumer autos, and use the purple.print (dmond symbol) to the awarepresenting producer surplus Demand 200 Forum Comer Su PRC Dotar per prom TE Product Sum Supply 35 TU 20 100 940 17 200315 QUANTITY (Mons of phone) milion

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