Pls answer all questions . Otherwise I will give you downvote Assume that the diagrams below represent the market for Vape liquids in South Africa.Further, assume that there are only 3 consumers in this market. Use the diagrams belowto answer questions 17, 18 and 19.PriceDwayne120D.50QuantityPriceMegan8070Quantity Vince60D.30Quantity17. What is the total market quantity level of Vape liquids that correspond to the price ofR100?A. 5.6B. 10.22С. 25D. 8.33E. 10018. What is the market price if the market quantity level of Vape liquids is 140 bottles?A. 5.6B. 10.22С. 25D. 8.33E. 10019. What is the total consumer surplus at P R100?A. 25B. 20.45С. 150D. 22.2E. 83.3

please find all answers below as requested.

17. What is the total market quantity level of Vape liquids that correspond to the price of R100? A. 5.6 B. 10.22 C. 25 D. 8.33 E 100 18. What is the market price if the market quantity level of Vape liquids is 140 bottles? A. 5.6 B. 10.22 C. 25 D. 8.33 E 100 19. What is the total consumer surplus at P = R100? A. 25 B. 20.45 C. 150 D. 22.2 E 83.3

17. What is the total market quantity level of Vape liquids that correspond to the price of R100? A. 5.6 B. 10.22 C. 25 D. 8.33 E 100 18. What is the market price if the market quantity level of Vape liquids is 140 bottles? A. 5.6 B. 10.22 C. 25 D. 8.33 E 100 19. What is the total consumer surplus at P = R100? A. 25 B. 20.45 C. 150 D. 22.2 E 83.3

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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