Rohit consumes espresso coffee pods. His individual monthly demand is given byP=10 - 0.2Q (or Q = 50-SP)where Q is the number of espresso pods and P is the price in $. Currently, Nespresso charges $1 per pod. The company is considering an alternative plan where they charge afixed monthly fixed fee of $200 that allows consumers to consume an unlimited number of pods at no additional per-pod price.What is Rohit's consumer surplus (CS) under the current plan, and what would it be under the new plan?O CS current plan = $405; CS new plan = $50:O Cs current plan = $202.5; CS new plan = $250.O Cs current plan = $202.5; CS new plan = $50.O CS current plan = $202.5; CS new plan = $0.

Question Completion Status: QUESTION 1 Rohit consumes Nespresso coffee pods. His individual monthly demand is given by P = 10-0.2Q (or Q = 50-5P) where Q is the number of Nespresso pods and P is the price in $. Currently, Nespresso charges $1 per pod. The company is considering an alternative plan where they charge a fixed monthly fixed fee of $200 that allows consumers to consume an unlimited number of pods at no additional per-pod price. What is Rohit's consumer surplus (CS) under the current plan, and what would it be under the new plan? . CS current plan = $405; CS new plan = $50. OCS current plan = $202.5; CS new plan = $250. OCS current plan = $202.5; CS new plan = $50. . CS current plan = $202.5; CS new plan = $0. QUESTION 2 Delta Airlines estimates that inverse demand for coach seats on flights from Baltimore to Salt Lake City is given by: P = 450 - 0.0125Q where P represents the price per seat (in dollars) and Q is the number of seats sold per month. If the price of a seat is $325, what is the own-price elasticity of demand? O -0.72 O -1.75 O -80 O -2.60