DM represents market demand, SF represents the fringe supply curve, DR represents the dominant firm's residual demand curve, MRÂ represents the dominant firm's marginal revenue curve, and MC represents the dominant firm's marginal cost curve. Price 200 110 80 65 20 Du Dominant Firm Market DR 45 60 MRR 90 110 135 Quantity SF MC 200 39. Consider the information above. In equilibrium, what will consumer surplus be? a) $8,100 b) $9112.5 c) $9,600 d) $1,250

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DM represents market demand, Sp represents the fringe supply curve, DR represents the dominant
firm's residual demand curve, MRR represents the dominant firm's marginal revenue curve, and
MC represents the dominant firm's marginal cost curve.
Price
200
110
80
65-
20
DM
c) $9,600
d) $1,250
Dominant Firm Market
DR
45 60
MRR
90 110 135
Quantity
SF
MC
200
39. Consider the information above. In equilibrium, what will consumer surplus be?
a) $8,100
b) $9112.5
Transcribed Image Text:DM represents market demand, Sp represents the fringe supply curve, DR represents the dominant firm's residual demand curve, MRR represents the dominant firm's marginal revenue curve, and MC represents the dominant firm's marginal cost curve. Price 200 110 80 65- 20 DM c) $9,600 d) $1,250 Dominant Firm Market DR 45 60 MRR 90 110 135 Quantity SF MC 200 39. Consider the information above. In equilibrium, what will consumer surplus be? a) $8,100 b) $9112.5
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