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Question 6 0 out of 10 points Suppose the demand curve is given by P = 450 - 2Q and the supply curve is given

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Question 6 0 out of 10 points Suppose the demand curve is given by P = 450 - 2Q and the supply curve is given by P = SQ. Suppose the supply curve shifts left by 20. How much lower is total surplus in the new equilibrium than in the old equilibrium? Give your answer to 2 decimal places. Selected Answer: 0 1,257.8 Correct Answer: _. 5,714.29 1 1%

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