prescious12 prescious12

02-07-2021
Mathematics

contestada

suppose demand is given by P-120-5Q if the price drops from 80 per unit to 60 what is the change in consumer surplus

Respuesta :

thapakopila026 thapakopila026

02-07-2021

Answer:

4

Step-by-step explanation:

p=120 -5Q

when p = 80

80 = 120 -5Q

Q=8

and when p= 60

60 = 120 -5Q

Q=12

so, change in consumer surplus = 12-8

= 4

Answer Link

Otras preguntas

what is a material's ability to be dissolved in a solvent? A saturation, B solvent

Who were the “indians” that columbus met at san salvador?

-x + 3y =6 I have to get the variable y by its self.

observation often starts the scientific process observation is useful because it helps scientist_____ a) form questions b) develop opinions c) summarize data

If you add meoh to cocl2(alc)2, the cocl2(alc)2 concentration will change. what are the two reasons for this concentration change?

Aggregate supply is best described as the total output of product. point of equilibrium. nation’s gross domestic product. excess supply in the market.

The bacteria in a certain culture double every 7.3 hours. The culture has 7,000 bacteria at the start. How many bacteria will the culture contain after 4 hours?

Name 4 items sold in a French Market that would be hard to find in the U.S.

Find three consecutive even integers such that the sum of the smallest integer and twice the median is 20 more than the largest integer

find the missing data item given the following values 25, 28, 21, x, 32