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Use the black point (plus symbol) to indicate the equilibrium price and quantity of laptops. Then use the green point (triangle symbol) to fill the
Use the black point (plus symbol) to indicate the equilibrium price and quantity of laptops. Then use the green point (triangle symbol) to fill the area representing consumer surplus, and use the purple point ( diamond symbol) to fill the area representing producer surplus. 250 225 Demand Equilibrium 200 A 175 150 Consumer Surplus PRICE (Dollars per laptop) 125 100 Producer Surplus 75 50 Supply 25 10 20 30 40 50 60 70 80 90 100 QUANTITY (Millions of laptops) Total surplus in this market is $ million
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