Demand: P = P = 2 + 0.5 Q 6 - 0.5 Q Price ceiling 3 3 %3D Supply:

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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A: a.

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Q: Hi, there. I need a clarification of question number 1, which choice is the best answer?

A: The supply curve will shift to the left whenever there is an increase in the cost of production.