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 is Sir Francis Drake hardships

What two major processes are involved in the oxygen cycle?

Does the depth of a pan affect how water freezes?

A 1 digit number and a 3 digit number have a sum of 205. The same two number have a difference of 195, a product of 1,000 and a quotient of 40. What are the t

in what ways is climate controlled by the sun and the water cycle ?

How is the numeral 35.012 written in words and why

How does transpiration play a role in the water cycle ?

You have a cylinder with a diameter of 15 inches and a height of 12 inches. What is the volume of the largest sphere thg will fit inside it? If you can will you

A passenger on a boat moving at 1.70 m/s on a still lake walks up a flight of stairs at a speed of 0.60 m/s , as shown in the figure . The stairs are angled at

When was World War I?