Question

how to find consumers surplus (photo)

Answer 1

here are my answer choices. I chose the first but I am not sure if that is right

Answer 2

This one I really don't remember, mate. Sorry. :-(

Answer 3

@bmp its all good! do you know how to find producers surplus?

Answer 4

@bmp its all based off of this question too

Answer 5

I would say that CS = \(\huge \int_{P_{mkt}}^{P_{max}} D(q)dq\)

Answer 6

I vaguely remember that Pmax is the x intercept of the supply function.

Answer 7

Pmkt we have...
Hmm, I may be able to do it.

Answer 8

x intercept of the demand curve*

Answer 9

You sure that market equilibrium is correct?