The market for French champagne in a small village consists of two consumers: Antoine and Bruce. Antoine's monthly demand curve is: 24 =20-0.1p, for p
The market for French champagne in a small village consists of two consumers: Antoine and Bruce. Antoine's monthly demand curve is: 24 =20-0.1p, for p 200 Bruce's monthly demand curve is: = 10 - 0.2p, for p 50 What is monthly aggregate consumer surplus if the consumers can buy French champagne at the price of p = 20? $1095 $480 $1710 O $2190
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