Homework Answers
(68) (d)
Consumer surplus (CS) = Area between demand curve and price
Unless both price and quantity values are known, CS cannot be computed.
(69) (B)
When demand curve is horizontal, CS is zero.
Well p=0, so q=10, When p=0 q=10 consequently when q=10 p=0; when doing a graph you will get a triangle with 10 of height and 10 of base. so CS=(10*10)/2=50
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