Problem 5. On each graph of the supply and demand curves for a product, shade the region that corresponds to the consumer surplus and the
Problem 5. On each graph of the supply and demand curves for a product, shade the region that corresponds to the consumer surplus and the region that corresponds to the producer surplus at the given price. (a) The price is 13 = $60. price p (dollars) | 1200 quantity q (units) (a) The price is 13 = $300. price p (dollars) 200 quantity q (units)
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