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What is Cs? What is PS? What is TMS? B) Solve the following mathematical problems: 1. Consider the market for hamburgers. Price per Pound $11

What is Cs? What is PS? What is TMS?

B) Solve the following mathematical problems: 1. Consider the market for hamburgers. Price per Pound $11 Quantity Supplied Quantity Demanded $10 6,000 0 5,000 $9 1,000 4,000 $8 2,000 3,000 $6 3,000 2,000 $4 4,000 1,000 $2 5,000 31000 0 6,000 a) Create the graph based on the information above. 6 quora 2 3 4 5 6 a.) What is CS: $ PS: $ Total Market Surplus (TMS): $

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