Calculate the total consumer surplus in the amusement park market if they a 12

OrderAndChaos asked Jul 22, 2022

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OrderAndChaos asked Jul 22, 2022

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Answer:

The total consumer surplus is 240.

Step-by-step explanation:

If p=12 then q=20

0.5×(36−12)×20=240

here's the graph to help you see the change.

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