Economics homework help?
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01-16-2013, 04:30 PM
Post: #2
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a. 30-3Q=10+2Q
5Q=20 Q=4, P=30-12=18 b. consumer surplus= 1/2(30-18)x4=24 producer surplus= 1/2(18-10) x 4=16 welfare=24+16=40 c.MC=MR 30-6Q=10+2Q 8Q=20,Q=2.5,P=30-7.5=22.5 d. cs=1/2(30-22.5)x2.5=9.375 ps=1/2(22.5-10)x2.5=15.625 welfare= 25 Ads |
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Economics homework help? - braves29forlife - 01-16-2013, 04:22 PM
[] - Anjaree - 01-16-2013 04:30 PM
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