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:

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A range of methods like mediation and arbitration used to resolve disputes outside of traditional court proceedings.

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The rights of creators and authors to protect their work and its use, specifically the rights of attribution and integrity.

Anton Piller Order

A court order that allows the plaintiff to enter the defendant's premises to obtain evidence without prior warning.

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A temporary court order made to prevent an action being taken until a final decision is made by the court.