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

The person who arrives at the crime scene and accesses the victim’s computer system once the incident has been reported, and responsible for protecting, integra

Are surface currents that flow towards the poles generally warm or cold?

Which was NOT a cause of modernization in Western Europe? A) competition among nations for resources and power B) factory machinery producing more than manual

What is 4.2 converted into a fully reduced fraction?

what is the chemical equation for hexamethylenediamine and adipoly chloride.

The geometric period is what age?

Six less than a twice a number is that of that number

The world’s supply of freshwater is increasing. Please select the best answer from the choices provided

Evaluate -3x^3 - 4x for x = A. 7 B. -1 C. 1

4. What connection does the author draw between Shakespeare and love at first sight? O A The author shows how Shakespeare portrays love in a way that allows for