Business, 15.02.2021 09:30 krystalhurst97
Given a demand curve p=1.5-0.2Qd for rice. p is the $ per pound of rice ].
a. Find the consumer surplus for P=$1 for pounds of rice.
Given a supply for rice p=0.3+0.2Qs.
c. Find Producer surplus when p=$1 .
d. Find the Total revenue and variable costs.
Answers: 3
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Given a demand curve p=1.5-0.2Qd for rice. p is the $ per pound of rice ].
a. Find the consumer sur...
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