vampirelol1218 vampirelol1218

02-06-2023
Business

contestada

Suppose that the inverse demand and supply functions are given by:
P = 400 - 5Qd and P = 100 + 5Qs, where Q is corn in million metric tons (MMT) and P is the price of corn in USD/mt. The level of consumer surplus (CS) is:
Group of answer choices
A. 2,250 M USD
B. 4,000 M USD
C. 9,000 M USD
D. 3,000 M USD

Respuesta :

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