Figure 10-5
-Refer to Figure 10-5. Taking only private value and private cost into account, total surplus at the market equilibrium amounts to
A)$2,205.
B)$720.
C)$240.
D)$405.

Question

Figure 10-5 
-Refer to Figure 10-5. Taking only private value and private cost into account, total surplus at the market equilibrium amounts to
A)$2,205. 
B)$720. 
C)$240. 
D)$405.

Quizplus · Accepted Answer

The Answer of Figure 10-5 
-Refer to Figure 10-5. Taking only private value and private cost into account, total surplus at the market equilibrium amounts to
A)$2,205. 
B)$720. 
C)$240. 
D)$405.

Figure 10-5 -Refer to Figure 10-5. Taking Only Private Value and Private