If the Demand Function for Apples Is P = 1

question 18

Multiple Choice

If the demand function for apples is P = 1 - Q, how much consumer surplus does the consumer gain when the price of the apples equals 5?

• A)25
• B)5
• C)20
• D)12.5

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Definitions:

Injection Injury

A type of injury caused by high-pressure injection of substances such as chemicals, water, or air into the body, often leading to serious tissue damage.

Oxyacetylene Torch

A tool used for cutting, welding, and brazing metals by burning a mixture of oxygen and acetylene gas, producing a very hot flame.

Neutral Flame

A specific flame condition in oxy-fuel welding where the oxygen and fuel gas are in perfect balance, producing a clean and efficient heat source.

Carburizing Flame

A type of flame used in welding and metalworking characterized by a high carbon content, used to harden steel by enhancing its surface carbon concentration.