Use the following to answer question 100:
Figure: The Market for Hamburgers
-(Figure: The Market for Hamburgers)Look at the figure The Market for Hamburgers.The maximum total surplus for the market is _____,and it occurs at a price equal to _____.
A) $550;$1.50
B) $600;$1.50
C) $1 050;$2
D) There is not enough information to answer this question,since the maximum total surplus could occur anywhere.

Question

Use the following to answer question 100:
Figure: The Market for Hamburgers 
-(Figure: The Market for Hamburgers)Look at the figure The Market for Hamburgers.The maximum total surplus for the market is _____,and it occurs at a price equal to _____.
A) $550;$1.50 
B) $600;$1.50 
C) $1 050;$2 
D) There is not enough information to answer this question,since the maximum total surplus could occur anywhere.

Quizplus · Accepted Answer

The Answer of Use the following to answer question 100:
Figure: The Market for Hamburgers 
-(Figure: The Market for Hamburgers)Look at the figure The Market for Hamburgers.The maximum total surplus for the market is _____,and it occurs at a price equal to _____.
A) $550;$1.50 
B) $600;$1.50 
C) $1 050;$2 
D) There is not enough information to answer this question,since the maximum total surplus could occur anywhere.

Use the Following to Answer Question 100