Find the Consumer Surplus and Producer Surplus $p = 100 - 0.00006 x$

question 18

Multiple Choice

Find the consumer surplus and producer surplus.
Demand $p = 100 - 0.00006 x$
Supply $p = 90 + 0.00004 x$

• A)Consumer surplus: $300,100Producer surplus: $ 200,100
• B)Consumer surplus: $300,050Producer surplus: $200,200
• C)Consumer surplus: $300,200Producer surplus: $200,300
• D)Consumer surplus: $300,150Producer surplus: $200,400
• E)Consumer surplus: $300,000Producer surplus: $200,000

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Definitions:

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Disputes or tensions among family members that arise from incompatible goals, scarce resources, or differences in values.

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A psychological condition where an individual holds a positive and confident perception of themselves.

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A process, effected by an entity's board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in effectiveness and efficiency, financial reporting, and compliance with laws and regulations.