Each rectangle you can place on the following graph corresponds to a particular buyer in the market orange (square symbols) for Sean, green (triangle symbols) for Yvette, purple (diamond symbols) forBlob, tan (dash symbols) for Cho, and blue (cirde symbols) for Eric Lise the rectangles to shade the areas representing consumer surplus for each person who is willing and able to purchase a Blu-ray player at a market price of $70. (Note: la person will not purchase a Blu-ray player at the market price, indicate this by leaving his or her rectangle in its onginal position on the palette.) Hint: You can view the area of a rectangle by dicking the rectangle after you have plotted it. ? 160 Sean Yete Sean 20 100 1306 PRCE Dorser Guray player) Price BB Cho En Cho Ene QUANTITY players Based on the information on the previous grup, you can tell that will buy Bluray players at the given market price, and total Homeworlotch 100 Bob Yvette 8 PRCE (Doler Bluray play Market Price Bob Cho Enc 10 Cho 20 0 1 End 3 6 QUANTITY(wy players will buy Bray players at the given market price, and total Based on the information on the previous graph, you can tell that consumer surplus in this market will be Suppose the market price of a player increases to $110. On the following graph, use the rectangles once again to shade the areas representing consumer surplus for each person who is willing and able to purchase a may player at the new macicot price range (square symbols) for Sean, green (triangle symbols) for Yvette, purple (diamond symbols) four Bab, tors (dush symbois) for Cho, and blue (orce symbols) for Eric (Note: If a person will not purchase a Blu-ray player at the new market price indicate this by leaving his or her rectangle in its original position on the palette Homework (Ch 03) On the following graph use the rectangles once again to shade the areas representing consumer surplus for each person who is willing and able to purchase a Blu-ray player at the new market price range (square symbols) for Sean, green (triangle symbols) for Yvette, purple (diamond symbols) for Bob, tar (dash symbols) for Cho, and blue (circle symbols) for Eric. (Note: If a person will not purchase a furay player at the new market price, indicate this by leaving his or her rectangle is its original position on the palette.) 100 Yu Sean Mr Price Bob PRICE per weer Bob Enc cho Eric 3 QUANTITY (Bicy Days) Based on the information in the second graph, when the market price of a Blu-ray player increases to $110, the number of consumers willing to buy a By player and total consumer surplus to s Sean 1 Yvette Sean 20 Mart Pee 100 Netto PRICE Opel Bury by 30 Cha Bub En CH -Ene QUANTITY(w payer) Based on the information in the second graph, when the market price of a burray player increases to $110, the number of consumers willing to buy a Blu-ray player to and total consumer surplus TO
