Consider a linear demand curve Q=60-3p. Suppose that the price changes from 10 to 6. What is the associated change in consumer surplus? Scegli un'alternativa: a. The surplus falls by 65 b. The surplus falls by 100 c. The surplus increases by 120 d. The surplus increases by 165 e. The surplus increases by 125

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter4: Demand, Supply, And Market Equilibrium
Section: Chapter Questions
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Consider a linear demand curve Q=60-3p.
Suppose that the price changes from 10 to 6.
What is the associated change in consumer
surplus?
Scegli un'alternativa:
a. The surplus falls by 65
b. The surplus falls by 100
c. The surplus increases by 120
d. The surplus increases by 165
e. The surplus increases by 125
Transcribed Image Text:Consider a linear demand curve Q=60-3p. Suppose that the price changes from 10 to 6. What is the associated change in consumer surplus? Scegli un'alternativa: a. The surplus falls by 65 b. The surplus falls by 100 c. The surplus increases by 120 d. The surplus increases by 165 e. The surplus increases by 125
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