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Santa Claus goes to the reindeer bazaar in his hometown Rovaniemi to purchase a reindeer-shoe. He finds out that the price is 200 markka per
Santa Claus goes to the reindeer bazaar in his hometown Rovaniemi to purchase a reindeer-shoe. He finds out that the price is 200 markka per reindeer-shoe and the Demand Function is: q? - 110 q-p + 3000 where p is the price per reindeer-shoe and q is the number of reindeer- shoes sold per day. Santa wants you to find out the Consumers' Surplus in order to convince himself that he will not be cheated. = O
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