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HELP! Is this right? And what is 5. and 6. Given the demand and supply for water dispensers: Qd = 800 - 19P Qs =
HELP! Is this right? And what is 5. and 6. Given the demand and supply for water dispensers:
Qd = 800 - 19P Qs = - 80 + 19P
The market equilibrium price is 23.15 The
market equilibrium
quantity is 360 What is the value of the
demand curve's vertical
intercept? 42.11 What is the value of the supply curve's vertical
intercept? 4.21 What is the Consumer's
Surplus? Number What is the Producer's surplus? Number
Given the demand and supply for water dispensers: Qd = 800 - 19 P Qs = -80 - 19 P 1. The market equilibrium price is 23.15 2. The market equilibrium quantity is 360 3. What is the value of the demand curve's vertical intercept ? 42.11 4. What is the value of the supply curve's vertical intercept? | 4.21 5. What is the Consumer's Surplus. Number 6. What is the Producer's Surplus? NumberStep by Step Solution
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