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(Solved): please help 3. Consumer surplus for a group of consumers The following graph plots the demand curve ...



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3. Consumer surplus for a group of consumers
The following graph plots the demand curve (blue line) for several consumers in
Based on the information on the previaus graph; you can tell that wil buy bluetooth speakers at the given market price, and t
Dn the following graph, use the rectangles once again to shade the areas representing consumer surplus for each person who is
Based on the information in the second graph, when the market price of a bluetooth speaker decreases to 5120 , the number of
3. Consumer surplus for a group of consumers The following graph plots the demand curve (blue line) for several consumers in the market for bluetooth speakers in Meadville, a small town located in Pennsylvania. The Meadville market peice of a bluetooth speaker is given by zhe horizontal black line at 5240 . Each rectangle you can place on the foblowing graph corresponds to a particular buyer in this market: arange (square symbols) for Rajiv, green (triangle symbols) for Simone, purple (diamond symbols) for Vakov, tan (dash symbols) for Ana, and blue (circle symbols) for charles. (Hse the roctangles to shade the areas representing consumer surphus for each person whe is wing and able to purchase a bluetooth speaker at a market price of \$240. (Note: If a person wit not purchase a buetooth speaker at the mavket price, indicace this by keaving his or her rectangle in its original position on the palette.) Based on the information on the previaus graph; you can tell that wil buy bluetooth speakers at the given market price, and total consumer surplus in this market will be Suppose the market price of a pluetooth speaker decreases to Dn the following graph, use the rectangles once again to shade the areas representing consumer surplus for each person who is wiWing and able to purchase a bluetooth speaker at the new market price; orange (square symbols) for Rajiv, green (triangle symbols) for simone, purple (diamond symbols) for Yakov, tan (dash symbovs) for Ana, and blue (circie symbois) for Charles. (Note: If a person wir not purchase a bluetooth speaker at the new market price, indicate this by lcoving his or her rectangle in its onginal position on the palecte.) Based on the information in the second graph, when the market price of a bluetooth speaker decreases to 5120 , the number of consumers willing to byy a bluetooth speaker 10 and total consumer surplus 10


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Based on the first graph, Antonio, Caroline, Dmitri, Frances, and Jake are all willing and able to p...
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