The table below represents the market for DVDS. Quantity of DVDS Demanded (Millions) Price Quantity of DVDS Supplied (Millions) (S) $2 30 25 10 4. 20 20 15 30 6. 10 40 7 50 8 60 The value of consumer surplus is $ million. (Enter your response as an integer.)

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter3: Demand Analysis
Section: Chapter Questions
Problem 4E
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The table below represents the market for DVDS.
Quantity of DVDS Demanded
(Millions)
Price
Quantity of DVDS Supplied
(Millions)
(S)
$2
30
3
25
10
4
20
20
15
30
9.
10
40
50
8
60
The value of cansumer surplus is $ million. (Enter your response as an integer.)
Transcribed Image Text:The table below represents the market for DVDS. Quantity of DVDS Demanded (Millions) Price Quantity of DVDS Supplied (Millions) (S) $2 30 3 25 10 4 20 20 15 30 9. 10 40 50 8 60 The value of cansumer surplus is $ million. (Enter your response as an integer.)
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