Mathematics, 09.10.2019 00:30, RDS468

The market price of a good is $10, and 40 units of the good sell at this price. its demand curve intersects the vertical axis at a price of $12 and has a constant slope. what is the approximate value of consumer surplus in this market?

a.

$30

b.

$50

c.

$40

d.

$20

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 16:00, jayy2x41

What situation is an example of an observational study

Answers: 3

continue

Mathematics, 21.06.2019 17:00, wisal96

Parks is wearing several rubber bracelets one third of the bracelets are tie dye 1/6 are blue and 1/3 of the remainder are camouflage if park swears to camouflage bracelets how many bracelets does he have on

Answers: 2

continue

Mathematics, 21.06.2019 19:30, 20calzoy

Arestaurant chef made 1 1/2 jars of pasta sauce. each serving of pasta requires 1/2 of a jar of sauce. how many servings of pasta will the chef be able to prepare using the sauce?

Answers: 1

continue

Mathematics, 21.06.2019 21:00, chainsaw234567

Which of the following parabolas opens down?

Answers: 1

continue

Do you know the correct answer?

The market price of a good is $10, and 40 units of the good sell at this price. its demand curve int...