EdgarXp7143 EdgarXp7143

22-09-2018
Business

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

Respuesta :

saadhussain514 saadhussain514

02-10-2018

Answer:

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$.

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