The graph shows the market for ice cream cones. On the graph, draw a shape that shows the producer surplus at market equilibrium. Producer surplus equals $ Enter your answer in dollars and cents (i.e. round at the second decimal place). 6.00- 5.50- 5.00 4.50- 4.00- 3.50 3.00 2.50- 2.00 1.50- 1.00- 0.50 0.00- 0 Price (dollars per ice cream cone) S 5 D 30 10 15 20 25 Quantity (ice cream cones per day) 35 2
The graph shows the market for ice cream cones. On the graph, draw a shape that shows the producer surplus at market equilibrium. Producer surplus equals $ Enter your answer in dollars and cents (i.e. round at the second decimal place). 6.00- 5.50- 5.00 4.50- 4.00- 3.50 3.00 2.50- 2.00 1.50- 1.00- 0.50 0.00- 0 Price (dollars per ice cream cone) S 5 D 30 10 15 20 25 Quantity (ice cream cones per day) 35 2
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![The graph shows the market for ice cream cones.
On the graph, draw a shape that shows the producer surplus at
market equilibrium.
Producer surplus equals $
Enter your answer in dollars and cents (i.e. round at the second
decimal place).
6.00-
5.50-
5.00
4.50-
4.00-
3.50-
3.00
2.50-
2.00
1.50-
1.00-
0.50
0.00
0
Price (dollars per ice cream cone)
5
10 15 20
30
25
Quantity (ice cream cones per day)
S
D
35
2](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd17b9706-e9c9-4374-9367-0a496aa440c1%2Faa5a09d5-9703-4452-9b49-454d14397f2d%2Fkqwahua_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The graph shows the market for ice cream cones.
On the graph, draw a shape that shows the producer surplus at
market equilibrium.
Producer surplus equals $
Enter your answer in dollars and cents (i.e. round at the second
decimal place).
6.00-
5.50-
5.00
4.50-
4.00-
3.50-
3.00
2.50-
2.00
1.50-
1.00-
0.50
0.00
0
Price (dollars per ice cream cone)
5
10 15 20
30
25
Quantity (ice cream cones per day)
S
D
35
2
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