Aggregate consumer surplus, when the price at the vertical intercept of the demand curve is $20, the equilibrium market price is $10 and the equilibrium quantity is 20, is equal to

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     $20x$10x20=$4000
      1/2($10x20)=$100
      1/2($20x$10x20)=$2000
      There is not enough information given to answer this question.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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1/2($10x20)=$100
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)

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