3. It is proposed to place a cable on an existing pole line along the shore of a lake to connect to points son opposite sides. Land Route Submarine Route Length, miles First cost of cable per mile Annual maintenance per mile 10 5 P40,000 950 P68,000 3,500 Interest on investment 18% 18% Тахes 3% 3% Net salvage value per mile Life, years 12000 22000 15 15 Which is more economical?

Q: c. How much total consumer surplus will each of them receive at a price of $32?

A: Last parts C and d are answered below:

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