In Figure 1 how much less would be the total revenue of sellers decided to sell the good at the legal price instead of black marke Q 17-18 Figure 1 S85 S S75 $55

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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In Figure 1 how much less would be the total revenue of sellers if they
decided to sell the good at the legal price instead of black market price?
Q 17-18
Figure 1
S85
S75
$55
100
270 290
Q
$21,750
O $5,500
O $14,850
O $8,500
O $3,000
Transcribed Image Text:In Figure 1 how much less would be the total revenue of sellers if they decided to sell the good at the legal price instead of black market price? Q 17-18 Figure 1 S85 S75 $55 100 270 290 Q $21,750 O $5,500 O $14,850 O $8,500 O $3,000
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