Author Question: In the figure above, at the market price of $15, the consumer surplus equals (Read 127 times)

jace

  • Hero Member
  • *****
  • Posts: 541


In the figure above, at the market price of $15, the consumer surplus equals
◦ $10,000.
◦ $30,000.
◦ $40,000.
◦ 2,000 units.
◦ $20,000.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

jace

  • Hero Member
  • *****
  • Posts: 541

courtney_bruh

  • Sr. Member
  • ****
  • Posts: 308

 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

For a complete list of videos, visit our video library