DATE4.1 The demand equation por a product is :0.01g* - 19 t 100 t 83and the supply equation is:P 0.049? t isal Determine consumers surplus under marretequilibiriumb.) Graph the equilibirium using www.desmos.comof your own graphc.)C-) Give an explanation based on answera b.

Answered: Image /qna-images/answer/6de4f8e4-e9ce-475a-b48a-90ee14d4c3ab.jpg

DATE 4.1 The demand equation por a product is : 0.olg and the supply equation is: 29 t 100 t 83 P 0.049? t IS al Determine consumers surples under marret equilibirium b) Graph the equilibirium Using www.desmos.com of your own graph c.) 6ive an explanation basod on answer a b.

DATE 4.1 The demand equation por a product is : 0.olg and the supply equation is: 29 t 100 t 83 P 0.049? t IS al Determine consumers surples under marret equilibirium b) Graph the equilibirium Using www.desmos.com of your own graph c.) 6ive an explanation basod on answer a b.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter5: Elasticity

Section: Chapter Questions

Problem 35P: The equation for a supply curve is 4P=Q. What is the elasticity of supply as price rises from 3 to...

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DATE
4.1 The demand equation por a product is :
0.01g* - 19 t 100 t 83
and the supply equation is:
P 0.049? t is
al Determine consumers surplus under marret
equilibirium
b.) Graph the equilibirium using www.desmos.com
of your own graph
c.)
C-) Give an explanation based on answer
a b.

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