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Economics 1st Edition by Dean Karlan,Jonathan Morduch
النسخة 1الرقم المعياري الدولي: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
النسخة 1الرقم المعياري الدولي: 978-0073511498 تمرين 8
Consider the market represented in Figure 5P-5.
a. Draw the consumer surplus and producer surplus if the market is functioning at the equilibrium price and quantity. Compute the total surplus if the market is functioning at the equilibrium price and quantity.
b. Compute the consumer surplus and producer surplus if the price is $30.
c. Compute the consumer surplus and producer surplus if the price is $10.
a. Draw the consumer surplus and producer surplus if the market is functioning at the equilibrium price and quantity. Compute the total surplus if the market is functioning at the equilibrium price and quantity.
b. Compute the consumer surplus and producer surplus if the price is $30.
c. Compute the consumer surplus and producer surplus if the price is $10.
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Consumer surplus:
Consumer surplus refe...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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