5 suppose the industry demand function is p subscript d end subscript equals fraction numerator 90 over denominator y plus 1 end fraction, and the industry supply function is p subscript s end subscript equals y. To find the total market surplus (TS). a another answer b. 90in9+40.5 C 90in10-40.5 d. 90in9-81 e 90in10-81 f 90in10+81 L 90in9+81 h. 90in10-405

5 suppose the industry demand function is p subscript d end subscript equals fraction numerator 90 over denominator y plus 1 end fraction, and the industry supply function is p subscript s end subscript equals y. To find the total market surplus (TS). a another answer b. 90in9+40.5 C 90in10-40.5 d. 90in9-81 e 90in10-81 f 90in10+81 L 90in9+81 h. 90in10-405

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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