Suppose the Demand for Raspberry Frozen Yogurt Can Be Represented

question 45

Multiple Choice

Suppose the demand for raspberry frozen yogurt can be represented by the equation Q_D = 5 - 2P,and the supply is given by the equation Q_S = 3P.Which of the following is the best estimate of the consumer surplus in this market?

• A)$2
• B)$1.25
• C)$2.25
• D)$3.75

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