PeyemGambocks PeyemGambocks

03-03-2017
Business

contestada

If the equilibrium price rises from $60 to $120, what is the additional producer surplus to initial producers in the market?

Respuesta :

11-03-2017

Based on the graph I found in searching for similar question,
Equilibrium price of 60 has a quantity of 80.
Equilibrium price of 120 has a quantity of 160.

Additional producer surplus to initial producer is:

(120-60) * (160-80) = 60 * 80 = 4,800

Answer Link

Otras preguntas

Given two areas with equal sunlight and available water. Area I has a high amount of atmospheric carbon dioxide while Area II has a low amount of atmospheric c

what determinant has a value of 30

The team ran for 12 minutes at 10 mph. your friend incorrectly says that the team ran a distance of 120 miles. what is the correct distance?

How is Shakespeare related to plays and poetry? A. William Shakespeare is one of the most important writers in English literature because of his plays AND poetr

If an atom of Bromine (Br) becomes an ion, which of the following does it most likely form? a. Br+ b. Br7+ c. Br- d. Br7-

Which sentence contains a punctuation error? One-quarter cup of chocolate chips does not seem like enough. She is a well known basketball player. This well-know

a square is a type ? a)rhombus b)trapezoid c)kite d)pentagon

Which Amendment to the Constitution establishes the notion of Federalism?

what type of game makes players use quick thinking and reflexes?

val walks 2 and 3/5 miles each day. Bill runs 10 miles once every 4 days. In 4 days, who covers the greater distance?