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For the Given Supply and Demand Equations,find the Consumer Surplus p=1000.00006xp = 100 - 0.00006 x

Question 3

Multiple Choice

For the given supply and demand equations,find the consumer surplus. Demand
Supply p=1000.00006xp = 100 - 0.00006 x p=80+0.00002xp = 80 + 0.00002 x


A) $1,875,000
B) $2,812,500
C) $2,062,500
D) $2,250,000
E) $625,000

Correct Answer:

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