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The market for Wudgets has the following supply and demand equations: o Supply: p = 12 + 0.3q o Demand: p = 111 - 0.1q2
The market for Wudgets has the following supply and demand equations: o Supply: p = 12 + 0.3q o Demand: p = 111 - 0.1q2 (a) The equilibrium price for this market is [ Select ] (b) The consumers' surplus for the Wudget market [ Select ] (c) The producers' surplus for the Wudget market [ Select ] V [ Select ] = 225 = 180 = 135 The volume of a circular Cynder Is 7/ h. Where r = 90The market for Wudgets has the following supply and demand equations: o Supply: p = 12 + 0.3q o Demand: p = 111 - 0.192 (a) The equilibrium price for this market is [ Select ] (b) The consumers' surplus for the Wudget market [ Select ] C V [ Select ] (c) The producers' surplus for the Wudget market = 1800 = 900 10 = 600 = 2400The market for Wudgets has the following supply and demand equations: o Supply: p = 12 + 0.3q o Demand: p = 111 - 0.192 (a) The equilibrium price for this market is [ Select ] C [ Select ] (b) The consumers' surplus for the Wudget 1 p* = 21 (c) The producers' surplus for the Wudget m p* = 32 p* = 26 p* = 39
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