prescious12 prescious12

02-07-2021
Mathematics

contestada

suppose demand is given by P-120-5Q if the price drops from 80 per unit to 60 what is the change in consumer surplus

Respuesta :

thapakopila026 thapakopila026

02-07-2021

Answer:

4

Step-by-step explanation:

p=120 -5Q

when p = 80

80 = 120 -5Q

Q=8

and when p= 60

60 = 120 -5Q

Q=12

so, change in consumer surplus = 12-8

= 4

Answer Link

Otras preguntas

What temperature is 23 degrees above freezing in fahrenheit

list five numbers that hav 3,5,and 7 as prime factors

How do I find the ratio of the first measurement to the second measurement ? Problem: Length of a tennis racket: 2 ft. 4 in. Length of a table tennis table pad

What is 72% as a fraction and decimal

Name two types of adaptations having to do with an animals actions

Is 3/4 less than 3/8

I have to solve for b but I can't figure it out

What would happen to the equilibrium mixture if the chlorine gas was allowed to escape? (explain your answer )

How often is water added to the Earth system?

6 cakes cost to pound £2.40 how much does 10 cakes cost?