Find the Consumer Surplus and Producer Surplus $p = 600 - 0.0002 x$

question 26

Multiple Choice

Find the consumer surplus and producer surplus. ​
Demand $p = 600 - 0.0002 x$ ​
Supply $p = 450 + 0.0001 x$ ​

• A)Consumer surplus: $25,000,150 Producer surplus: $12,500,400
• B)Consumer surplus: $25,000,200 Producer surplus: $12,500,300
• C)Consumer surplus: $25,000,100 Producer surplus: $12,500,100
• D)Consumer surplus: $25,000,050 Producer surplus: $12,500,200
• E)Consumer surplus: $25,000,000 Producer surplus: $12,500,000

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Definitions:

Regulating Mood

The process by which the brain maintains emotional balance through various mechanisms.

Appetite

The innate urge to fulfill a physical requirement, particularly the need for food.

Endocannabinoids

Molecules naturally produced in the body that interact with cannabinoid receptors, influencing various physiological processes.