On the following graph, use the black point (cross symbol) to indicate the equilibrium price and quantity of computer keyboards. Then use the green point (triangle symbol) to fill the area representing consumer surplus, and use the purple point (diamond symbol) to fill the area representing producer surplus. Hint: Clicking a shaded area, after plotting it on the graph, will show you the total area of the shaded region. PRICE (Dollars per keyboard) 300 270 240 210 180 150 120 90 60 30 0 0 The Supply and Demand for Computer Keyboards Demand Supply 30 60 90 120 150 180 210 240 270 QUANTITY (Keyboards) Total net benefit (or total surplus) in this market is 300 Equilibrium A Consumer Surplus ◇ Producer Surplus
On the following graph, use the black point (cross symbol) to indicate the equilibrium price and quantity of computer keyboards. Then use the green point (triangle symbol) to fill the area representing consumer surplus, and use the purple point (diamond symbol) to fill the area representing producer surplus. Hint: Clicking a shaded area, after plotting it on the graph, will show you the total area of the shaded region. PRICE (Dollars per keyboard) 300 270 240 210 180 150 120 90 60 30 0 0 The Supply and Demand for Computer Keyboards Demand Supply 30 60 90 120 150 180 210 240 270 QUANTITY (Keyboards) Total net benefit (or total surplus) in this market is 300 Equilibrium A Consumer Surplus ◇ Producer Surplus
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Need help with this. Please show where to put the colored points
THank you!

Transcribed Image Text:On the following graph, use the black point (cross symbol) to indicate the equilibrium price and quantity of computer keyboards. Then use the green
point (triangle symbol) to fill the area representing consumer surplus, and use the purple point (diamond symbol) to fill the area representing producer
surplus.
Hint: Clicking a shaded area, after plotting it on the graph, will show you the total area of the shaded region.
PRICE (Dollars per keyboard)
300
270
240
210
180
150
120
60
30
0
The Supply and Demand for Computer Keyboards
Demand
Supply
30 60
90 120 150 180 210 240 270
QUANTITY (Keyboards)
Total net benefit (or total surplus) in this market is $
300
Equilibrium
Consumer Surplus
Producer Surplus
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