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The graph below represents the market for electric cars. If a price floor is set at $ 92 , 000 , calculate the surplus of
The graph below represents the market for electric cars. If a price floor is set at $ 92 , 000 , calculate the surplus of cars that will result. Price Quantity Supplied Quantity Demanded $ 21 , 000 1 , 000 9 , 000 $ 37 , 000 3 , 000 6 , 750 $ 55 , 000 5 , 000 5 , 000 $ 75 , 000 8 , 000 4 , 000 $ 92 , 000 12 , 000 2 , 000
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