market for N-95 masks is perfectly competitive. Market Demand is given by Q=434-2P and Market Supply is given by Q=2P. The government imposes a price ceiling of $52. What is the maximum Consumer Surplus in the market with the price ceiling?

18-19. In the competitive market for white sugar, consumer demand is given by P=100-0.050 and suppliers' behaviour is represented by the supply curve of P=1+0.005Q, where P is measured in dollars and Q is measured in kilos per month. Questions 17 through 19 refer to this market. 18. Imagine now that the government imposes a price ceiling of $5.00 per kilo on sugar, and that the ceiling is obeyed by all market participants. In the resulting equilibrium the total number of kilos of sugar exchanged in the market is equal to: A) 2100 G) 800 B) 2000 H) 600 A) $5 G) $70 C) 1900 I) 400 B) $10 H) $80 19. Suppose suppliers obey the price ceiling but consumers sell sugar on a black market. What will the black market price for sugar be? D) 1400 E) 1200 J) None of the above C) $10.50 I) $21 E) $50 F) 1000 D) $40 J) None of the above F) $60

Q)The market for N-95 masks is perfectly competitive. Market Demand is given by Q=306-2P and Market Supply is given by Q=3P. The government imposes a price floor of $116. What is the quantity traded in the market with this price floor?

If total surplus is $200 and consumer surplus is $90 Find producer surplus

Market demand is P=125-(3/8)QMarket supply is P=5+(1/8)Q. This time the government imposes a price floor of $45. That is, the price must be either at or above $45.a. Calculate the new equilibrium price and quantity.b. Calculate the new CS (Consumer Surplus) and PS (Producer Surplus). Who gains? Who loses?What is the deadweight loss?

34 q² and the supply curve p = 2+ q², find the producer surplus when the market is Given the demand curve p = in equilibrium. - Round your answer to three decimal places. The producer surplus is i

Consider a free market with demand equal to Q = 800 − 10P and supply equal to Q = 10P. What is the value of consumer surplus? What is the value of producer surplus?

The consumer surplus is $33 and the maximum willingness to pay of buyer is $85  Calculate Market Price

For years the government has subsidized higher education through grants; consider the demand and supply for college credit hours at a local private liberal arts collegeQD = 6,000 – 300PQS = 700P – 500 where P is the price, in hundreds of dollars, and Q is the number of credit hours per semester. Suppose the government subsidizes credit hours at a rate of $120 per hour. Calculate changes in consumer surplus. What is the size of the deadweight loss?

The sum of consumer surplus and producer surplus in the Market is $120 If the maximum willingness to pay of the buyer is $60 and the market price is $25 Calculate the producer surplus with given information