04. Assuming this market is at equilibrium, the total benefit to the consumer is $ _______. a) 9 b) 12 c) 21 d) 54 e) 72 f) 102 g) 126 h) 144 i) 156 j) 228 k) 252 28 P242016128D4 81216202404. Assuming this market is at equilibrium, the total benefit to the consumer is $а) 9b) 12c) 21d) 54e) 72f) 102g) 126h) 144i) 156j) 228k) 252

In equilibrium, Demand = Supply, so price = $13 quantity = 12 benefit to consumer = area between…

Answered: Assuming this market is at equilibrium,…

Assuming this market is at equilibrium, the total benefit to the consumer is $ _______. a) 9 b) 12 c) 21 d) 54 e) 72 f) 102 g) 126 h) 144 i) 156 j) 228 k) 252

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

04. Assuming this market is at equilibrium, the total benefit to the consumer is $ _______.

		a) 9
		b) 12
		c) 21
		d) 54
		e) 72
		f) 102
		g) 126
		h) 144
		i) 156
		j) 228
		k) 252

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