Given a demand curve of P = 61 - 1.25Q and a supply curve of P...

Given a demand curve of P = 61 - 1.25Q and a supply curve of P = 1 + 0.25Q, with a subsidy of 6, solve for the dollar value of the added surplus for producers (PS) arising from the subsidy. You can use the information that the extra consumer surplus (CS) is 210.

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Rahul Sunny answered 1 year ago

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