If the equilibrium price rises from $60 to $120, what is the additional producer surplus to initial producers in the market?

Question

03-03-2017
Business

contestada

If the equilibrium price rises from $60 to $120, what is the additional producer surplus to initial producers in the market?

Respuesta :

Otras preguntas

P Q and R are partner share profit equally . they decide that in future R will get 1/5th share of the profit and P ,Q will share equallon the day of chnge firm

An aircraft flies from a point A to a point B, x km away on a bearing of 135°. From the point B,The aircraft flies to a point C, 2x km away on a bearing of 225°

Please Find x Thank you with steps[tex] {3}^{x + 1} + {3}^{x - 1} = 30[/tex]

What is a stressor that may accompany divorce or separation

Sathre Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and var

Derik bought a dartboard with a diameter of 20 inches. Find the area of the dartboard in square inches

Find the value x in the diagram below

what is feaudralism??

negative economic impacts of floods

Hagrid Hagrid · Answer 1 · 2017-03-11T19:01:45+01:00

Hagrid Hagrid

11-03-2017

Based on the graph I found in searching for similar question,
Equilibrium price of 60 has a quantity of 80.
Equilibrium price of 120 has a quantity of 160.

Additional producer surplus to initial producer is:

(120-60) * (160-80) = 60 * 80 = 4,800

Answer Link