Table 5.6 -Refer to Table 5.6.The Equations Above Describe the Demand and the Demand

question 96

Multiple Choice

Table 5.6
-Refer to Table 5.6.The equations above describe the demand and supply for Chef Ernie's Sushi-on-a-Stick.The equilibrium price and quantity for Chef Ernie's sushi are $60 and 20 thousand units.What is the value of consumer surplus?

• A)$100 thousand
• B)$200 thousand
• C)$600 thousand
• D)$800 thousand

---

Definitions:

ACTH

Adrenocorticotropic hormone, a pituitary gland-produced peptide that stimulates the production of cortisol by the adrenal glands.

Hypoglycemia

A condition characterized by abnormally low blood sugar levels, which can cause symptoms such as dizziness, sweating, and confusion.

Oversecretion

The production and release of excess amounts of bodily substances, often hormones, compared to normal levels.

Insulin

A substance created in the pancreas that controls blood sugar levels.