Using the information contained in this diagram: (i)calculate the consumer surplus at equilibrium (ii) Calculate the pro
Posted: Fri Jul 01, 2022 8:19 am
Using the information contained in this diagram:
(i)calculate the consumer surplus at equilibrium
(ii) Calculate the producer surplus at equilibrium
(iii) Calculate the deadweight loss if the government imposed a price floor of $60
(iv) Is the imposition of the $60 price flor optimal? why?
Price ($) 120 100 80 60 40 20 (10 Demand 15 Supply 20
(i)calculate the consumer surplus at equilibrium
(ii) Calculate the producer surplus at equilibrium
(iii) Calculate the deadweight loss if the government imposed a price floor of $60
(iv) Is the imposition of the $60 price flor optimal? why?
- Using The Information Contained In This Diagram I Calculate The Consumer Surplus At Equilibrium Ii Calculate The Pro 1 (70.82 KiB) Viewed 47 times