Question

Calculate the consumers' surplus at the indicated
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unit price p for the demand equation.
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p = 8 − 2q; p = 2

Answer 1

is q the consumer surplus?

Answer 2

I believe so

Answer 3

so you are given the following equation.

p = 8 − 2q

you also know p = 2

so plug in 2 where you see p in the equation

2 = 8-2q

subtract 8 from both sides. then divide by both sides to get an equation like q = something.