Pearson eText Microeconomics -- Access Card
Pearson eText Microeconomics -- Access Card
7th Edition
ISBN: 9780136850045
Author: Hubbard, Glenn, O'Brien, Anthony
Publisher: PEARSON
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Chapter 4, Problem 4.1.9PA

Sub part (a):

To determine

The consumer surplus and producer surplus.

Sub part (b):

To determine

Impact of lowering the production cost.

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