Suppose the Following Table Gives the Supply and Demand Schedules

question 349

Multiple Choice

Suppose the following table gives the supply and demand schedules, with p in dollars and x as the number of units. Use Simpson's Rule to approximate the consumer's surplus at market equilibrium. Note that market equilibrium can be found from the tables. ​

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• A) $33,846
• B) $27,060
• C) $29,927
• D) $13,420
• E) $31,493

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