Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter7: Consumers, Producers, And The Efficiency Of Markets
Section: Chapter Questions
Problem 2QR
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Question
![mc = 4 fixed cost = 0 demand curve: p = 32-29,
when at optimal price, what's seller's surplus?
What's scocial surplus?
E
Su](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F69e5bd9b-d036-438a-a618-f488ed2d4069%2Fef2fc6dc-bc43-40a8-bcbd-2344bd5e8b30%2Fz7j3wwp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:mc = 4 fixed cost = 0 demand curve: p = 32-29,
when at optimal price, what's seller's surplus?
What's scocial surplus?
E
Su
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