Ask Question
31 March, 15:39

A. what will be the quantity demanded at $150 per game console? quantity demanded: game consoles

+1
Answers (1)
  1. 31 March, 15:52
    0
    The answer is 13500$.

    Explanation:

    a) at P = 150$, Qd = 80.

    b) at P = 150, Qs = 20.

    c) produce surplus = 1/2 x 20 x (150 - 100)

    = 500$.

    d) at equilibrium, P = 250 $

    = 1/2 x 60 x (550 - 100)

    = 13500$.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A. what will be the quantity demanded at $150 per game console? quantity demanded: game consoles ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers