Graph 1 PL28 (Pnce S. dolon per 22 1아 1아 D 18 O IQuonsty thousond Unih sokd per week 24 Answer the next 3 test questions according to Graph:1 Graph1 shows that a competitive market creates an efficient allocation of resources at equilibrium. Calculate the total amount of consumer surplus in dollars. (Don't use punctuation [such as,. - etc.) ($ sign on Graph means dollars) *

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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PL28
(Pnce
Graph 1
dolors
Der
unit)
22
16
10
D
12
18
O IQuontity housond Unih sold per week)
24
Answer the next 3 test questions according to Graph:1
Graph1 shows that a competitive market creates an efficient allocation of resources at
equilibrium. Calculate the total amount of consumer surplus in dollars.
(Don't use punctuation [such as,.. - etc.])
($ sign on Graph means dollars) *
Transcribed Image Text:PL28 (Pnce Graph 1 dolors Der unit) 22 16 10 D 12 18 O IQuontity housond Unih sold per week) 24 Answer the next 3 test questions according to Graph:1 Graph1 shows that a competitive market creates an efficient allocation of resources at equilibrium. Calculate the total amount of consumer surplus in dollars. (Don't use punctuation [such as,.. - etc.]) ($ sign on Graph means dollars) *
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