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Demand for a product Z at a price of $p per item is given by D(P) = 250 0.1p2 p thousand items and supply is
Demand for a product Z at a price of $p per item is given by D(P) = 250 0.1p2 p thousand items and supply is given by p 5 (a) What is the shutdown price? [ Select] [ Select] (b) What is the produce revenue at a price of $25 per item? [ Select] [ Select] (c) What is the producer surplus at a price of $30 per item? [ Select ] [ Select] (d) What is the equilibrium price? [ Select ] [Select] (e) What is the equilibrium quantity? [ Select] [ Select ] (f) What is the total social gain at equilibrium? [ Select] [Select]
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