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Find the Consumer Surplus and Producer Surplus p=6000.0002xp = 600 - 0.0002 x

Question 26

Multiple Choice

Find the consumer surplus and producer surplus. ​
Demand p=6000.0002xp = 600 - 0.0002 x
Supply p=450+0.0001xp = 450 + 0.0001 x


A) Consumer surplus: $25,000,150 Producer surplus: $12,500,400
B) Consumer surplus: $25,000,200 Producer surplus: $12,500,300
C) Consumer surplus: $25,000,100 Producer surplus: $12,500,100
D) Consumer surplus: $25,000,050 Producer surplus: $12,500,200
E) Consumer surplus: $25,000,000 Producer surplus: $12,500,000

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