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Given the demand and supply system: Pb = 68 - 5 Qb & Pv = 3 + 2 Qv How much DWL is created by producing 4 units of output ? (Assume competitive markets and free disposal.)   answer is: 97.79 ( approx)  Please answer thie no need of diagram in this so please , answer this asap!!  Correct answer will appreciate

Given the demand and supply system: Pb = 68 - 5 Qb & Pv = 3 + 2 Qv How much DWL is created by producing 4 units of output ? (Assume competitive markets and free disposal.)   answer is: 97.79 ( approx)  Please answer thie no need of diagram in this so please , answer this asap!!  Correct answer will appreciate

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Given the demand and supply system: Pb = 68 - 5 Qb & Pv = 3 + 2 Qv How much DWL is created by producing 4 units of output ? (Assume competitive markets and free disposal.)

 

answer is: 97.79 ( approx) 

Please answer thie no need of diagram in this so please , answer this asap!! 

Correct answer will appreciate

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