Table 4-7 -Refer to Table 4-7.The Equations Above Describe the Demand and Describe

question 45

Multiple Choice

Table 4-7

-Refer to Table 4-7.The equations above describe the demand and supply for Bubba's Fried Jellybeans.The equilibrium price and quantity for Bubba's Fried Jellybeans are $40 and 5 thousand units.What is the value of consumer surplus?

• A)$5 thousand
• B)$12.5 thousand
• C)$25 thousand
• D)$37.5 thousand

---

Definitions:

Social Media

Online platforms where users create, share, and interact with content and each other, including sites like Facebook, Twitter, and Instagram.

Emergency Responders

Individuals and teams trained to provide assistance during emergencies, including medical personnel, firefighters, and police officers.

911 System

An emergency telephone system that provides immediate access to police, fire, and medical services.

Social Computing

The use of computing technology to facilitate or enhance social interactions and communications.