(Figure: Determining Surplus 5) According to the graph, consumer surplus is and producer surplus is at equilibrium. 600 50 os A 40 300 20 10- 10 20 30 40 50 60 70 80 90 Quantity $40; $40 $400; $200 $20; $10 $800; $400 Price ($)

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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(Figure: Determining Surplus 5) According to the graph, consumer surplus is
and producer surplus is
at
equilibrium.
60c
50
40
300
20
10
10
20 30
40
50
60 70
80
90
Quantity
O $40; $40
O $400; $200
O $20; $10
O $800; $400
Price ($)
Transcribed Image Text:(Figure: Determining Surplus 5) According to the graph, consumer surplus is and producer surplus is at equilibrium. 60c 50 40 300 20 10 10 20 30 40 50 60 70 80 90 Quantity O $40; $40 O $400; $200 O $20; $10 O $800; $400 Price ($)
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