Table 4-6 -Refer to Table 4-6.The Equations Above Describe the Demand and Describe

question 163

Multiple Choice

Table 4-6

-Refer to Table 4-6.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

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