ECO113 BRYANT Consumer, Producer & Total Surplus And Deadweight Loss
Business Finance Let demand for good Y be given by the function qd=480-4p and supply be given by qs=4p-80. Find the equilibrium price and quantity of good Y. (4 possible points) Find the Consumer Surplus, Producer Surplus, and Total Surplus. (10 possible points) Suppose there is a government set maximum price of $50. Find the […]
