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

You walk 48 m to the north, then turn 60° to your right and walk another 45 m. how far are you from where you originally started?

What type of poem is this? A) haiku B) sestina C) sonnet D) ode

Charlie is standing 45 feet from the base of 100 foot tall tree. What is the angle of elevation from him to the kite stuck on top of the tree.

a cellular telephone tower that is 150 ft tall is placed on top of a mountain that is 1200 feet above sea level a cellular and selling cell phone user Jesse wh

What can you conclude about Ian's role at school? A. He is a bully B. He is a model student C. He is a friend to everyone D. He is a teacher's pet I need

How are algebraic properties applied in the steps to solving equations and use them to solve ½x + 4 = 12?

What is one similarity between interior decorators and interior designers?

In a 30° - 60° - 90° right triangle, the hypotenuse has a length of 8. what is the length of the longer leg?

a canoe is floating down a river with a velocity of 35 meters per minute when it suddenly approaches a waterfall. if the waterfall drop 30 meters, how far put w

How to calculate speed?