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Question 15

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Use the following to answer question: Use the following to answer question: -(Table: Quantity Supplied and Quantity Demanded) Using the table Quantity Supplied and Quantity Demanded, if this market is in equilibrium and the demand and supply curves are linear, then the value of consumer surplus is: A) $1,225. B) $2,450. C) $4,900. D) $1,500.
-(Table: Quantity Supplied and Quantity Demanded) Using the table Quantity Supplied and Quantity Demanded, if this market is in equilibrium and the demand and supply curves are linear, then the value of consumer surplus is:


A) $1,225.
B) $2,450.
C) $4,900.
D) $1,500.

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