Unformatted text preview: Calculate the consumer surplus and producer surplus and identify these areas in the graph below.(Be sure to label the axes and functions, and number your intercepts.) Equilibrium Price: Equilibrium Quantity: (Show your complete algebraic solution for the equilibrium price and quantity in the space below.) Consumer Surplus at Equilibrium: (Show all work.) Producer Surplus at Equilibrium: (Show all work.)...
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This note was uploaded on 10/26/2009 for the course ECON 180-004-20 taught by Professor Bresnock during the Fall '09 term at UCLA.
- Fall '09
- Producer Surplus