Consider the inverse demand and supply for dates to be given by P= 30-3Qd and P= 6+ Qs. The total surplus in this competitive market is where is due to producers. Select one: OA. $50,50% B. $54, 80% C. $18,75% D. $72, 25%

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Consider the inverse demand and supply for dates to be given by P= 30-3Qd and P= 6+ Qs. The
total surplus in this competitive market is
where
is due to producers.
Select one:
OA.
$50,50%
B.
$54, 80%
C.
$18,75%
D.
$72, 25%
Transcribed Image Text:Consider the inverse demand and supply for dates to be given by P= 30-3Qd and P= 6+ Qs. The total surplus in this competitive market is where is due to producers. Select one: OA. $50,50% B. $54, 80% C. $18,75% D. $72, 25%
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