Please don't provide handwritten solution....   In May 1991, Car and Driver described a Jaguar that sold for 980,000 dollars. Suppose that at that price only 45 have been sold. If it is estimated that 375 could have been sold if the price had been 530,000 dollars. Assuming that the demand curve is a straight line, and that 530,000 dollars and 375 are the equilibrium price and quantity, find the consumer surplus at the equilibrium price

Managerial Economics: A Problem Solving Approach
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ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
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Chapter8: Understanding Markets And Industry Changes
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In May 1991, Car and Driver described a Jaguar that sold for 980,000 dollars. Suppose that at that price only 45 have been sold. If it is estimated that 375 could have been sold if the price had been 530,000 dollars. Assuming that the demand curve is a straight line, and that 530,000 dollars and 375 are the equilibrium price and quantity, find the consumer surplus at the equilibrium price   

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