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How do I find consumer surplus and producer surplus from a table and not a graph. For example, At a price of $40, consumers will
How do I find consumer surplus and producer surplus from a table and not a graph. For example, "At a price of $40, consumers will buy 3 bouquets of flowers and suppliers will sell 3 bouquets for Valentine's day." The table shows $20 Price Suppliers are Willing to Accept for the 1st bouquets of flowers and $55 for Price Consumers are Willing to Pay. For the second bouquets of flowers, $25
Price Suppliers are Willing to Accept and $50 for Price Consumers are Willing to Pay.
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