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Consumer Surplus (p) Amarthas four individual, chering buying a new laptop. Am that there is anyone stre and model of laptop wallable. The individual wilgsetapay

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Consumer Surplus (p) Amarthas four individual, chering buying a new laptop. Am that there is anyone stre and model of laptop wallable. The individual wilgsetapay is shown to the the below If the market price of laptop 750 Individual Willingness What is Moe's Comme Surplus to Pay Huurwie Mac $1200 - Larry Curly 1 How many laptops will be demanded/ Shemp 5700 h. Vrys 00015 00 ***/**** 11 c. What is the total Consumer Surplus for this small market - TNU whers 16 ro Tu Es d. If the price decreases to $700, what happens to the quantityd? What is the new consumer surplus? ALI, we LwSLE) - we will Few Lyrir Cih ( M GLA Tebouw ww. o. Econ 221-1220 PS2 Spring 2022 6) Producer Surplus (3 points) Now assume there are three electronics stores willing to sell one standard model of laptop, Store A is willing to sell a laptop for a minimum of $900. Store B is willing to sell for 5700. Store is willing to sell for $600 a. If the market price of a laptop is $750, how many laptops will be supplied? b. What is total producer surplus in this scenario c. If the price decreases to $700, what happens to the quantity supplied? What is the new producer surplus

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