Home › Questions › Qd=500-10p,Qs=-200+10p,suppose...
... following :1.producers surplus ?2.social cost?can u please help me ?
Qd = Qs500-10p = 200+10p500 - 200 = 10p + 10p300 = 20pp = 15.producer surplus = 25 - 15 = 10
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