The market for French champagne in a small village consists of two consumers: Antoine and Bruce. Antoine's monthly demand curve is: A = 20-0.1p. for p < 200 and 4 = 0 for p > 200 Bruce's monthly demand curve is] 2 = 10-0.2p. for p < 50 and zB =0 for p > 50 What is monthly aggregate consumer surplus if the village government imposes a $10 per bottle tax on French champagne, which raises the price at which the consumers can buy French champagne to p = 30? O $1050 O $630 O $2115 O $1485

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The market for French champagne in a small village consists of two consumers: Antoine and Bruce.
Antoine's monthly demand curve is:
Bruce's monthly demand curve is 2
A = 20-0.1p. for p < 200 and 4 = 0 for p > 200
= 10-0.2p. for p < 50 and zB =0 for p > 50
What is monthly aggregate consumer surplus if the village government imposes a $10 per bottle tax on French
champagne, which raises the price at which the consumers can buy French champagne to p= 30?
O $1050
O $630
O $2115
$1485
Transcribed Image Text:The market for French champagne in a small village consists of two consumers: Antoine and Bruce. Antoine's monthly demand curve is: Bruce's monthly demand curve is 2 A = 20-0.1p. for p < 200 and 4 = 0 for p > 200 = 10-0.2p. for p < 50 and zB =0 for p > 50 What is monthly aggregate consumer surplus if the village government imposes a $10 per bottle tax on French champagne, which raises the price at which the consumers can buy French champagne to p= 30? O $1050 O $630 O $2115 $1485
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