08 R S4 2. L %23 $. MacBook Pro « Previous O $1,950. O $975. O $1,800. Refer to the above figure. If the market price increases to $130 due to an increase in demand, then producer surplus is 8 1 2 6 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 ++ ++ ++++ H+++ -20- 40 09 70- 0- 06 00t 110 120 130 150 09 170-

08 R S4 2. L %23 $. MacBook Pro « Previous O $1,950. O $975. O $1,800. Refer to the above figure. If the market price increases to $130 due to an increase in demand, then producer surplus is 8 1 2 6 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 ++ ++ ++++ H+++ -20- 40 09 70- 0- 06 00t 110 120 130 150 09 170-

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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