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Find the Consumer Surplus and Producer Surplus p=1000.00006xp = 100 - 0.00006 x

Question 18

Multiple Choice

Find the consumer surplus and producer surplus.
Demand p=1000.00006xp = 100 - 0.00006 x
Supply p=90+0.00004xp = 90 + 0.00004 x


A) Consumer surplus: $300,100Producer surplus: $ 200,100
B) Consumer surplus: $300,050Producer surplus: $200,200
C) Consumer surplus: $300,200Producer surplus: $200,300
D) Consumer surplus: $300,150Producer surplus: $200,400
E) Consumer surplus: $300,000Producer surplus: $200,000

Correct Answer:

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