Scenario 7-2
Suppose market demand and market supply are given by the equations:
-Refer to Scenario 7-2. Suppose a reduction in input prices shifts the market supply curve to
How much total consumer surplus goes to new consumers who enter the market after the supply curve shifts?

Question

Scenario 7-2
Suppose market demand and market supply are given by the equations: 
-Refer to Scenario 7-2. Suppose a reduction in input prices shifts the market supply curve to  
How much total consumer surplus goes to new consumers who enter the market after the supply curve shifts?

Quizplus · Accepted Answer

The Answer of Scenario 7-2
Suppose market demand and market supply are given by the equations: 
-Refer to Scenario 7-2. Suppose a reduction in input prices shifts the market supply curve to  
How much total consumer surplus goes to new consumers who enter the market after the supply curve shifts?

Scenario 7-2 Suppose Market Demand and Market Supply Are Given by the by the Equations