Suppose the domestic supply (Q^S) and demand (Q^D)for MP3 players in the United States are given by the following set of equations: $$\begin{array} { l } Q ^ { S } = - 25 + 10 P \ Q ^ { D } = 875 - 5 P \end{array}$$ In the absence of trade with the rest of the world, the consumer surplus in the United States' MP3 player market is _____. A)$22,562.50 B)$30,062.50 C)$33,062.50 D)$19,500.00

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The Answer of Suppose the domestic supply (Q^S) and demand (Q^D)for MP3 players in the United States are given by the following set of equations: $$\begin{array} { l } Q ^ { S } = - 25 + 10 P \ Q ^ { D } = 875 - 5 P \end{array}$$ In the absence of trade with the rest of the world, the consumer surplus in the United States' MP3 player market is _____. A)$22,562.50 B)$30,062.50 C)$33,062.50 D)$19,500.00

Suppose the Domestic Supply (QS) and Demand (QD)for MP3 Players QS=−25+10PQD=875−5P\begin{array} { l } Q ^ { S } = - 25 + 10 P \\Q ^ { D } = 875 - 5 P\end{array}QS=−25+10PQD=875−5P​

Suppose the Domestic Supply (Q^S) and Demand (Q^D)for MP3 Players $\begin{array} { l } Q ^ { S } = - 25 + 10 P \\Q ^ { D } = 875 - 5 P\end{array}$