Figure 7-14 18 16 14- 12 10 00 8- 6 4 2- O $1,800 O $3.200 O $900 200 400 600 $2,500 S D Refer to Figure 7-14. Suppose t
Posted: Sun Jul 03, 2022 12:58 pm
Figure 7-14 18 16 14- 12 10 00 8- 6 4 2- O $1,800 O $3.200 O $900 200 400 600 $2,500 S D Refer to Figure 7-14. Suppose the government imposes a price floor at $10 per unit in this market. With the price floor, how much is total consumer surplus? 800