(Solved): The following graph plots the supply and demand curves in the market for motor scooters. Use the bl ...

The following graph plots the supply and demand curves in the market for motor scooters. Use the black point (plus symbol) to indicate the equilibrium price and quantity of motor scooters, Then use the green point (triangle symbol) to the area representing consumer surplus, and use the purple point (diamond symbol) to fill the area representing producer surplus. Use the black point (plus symbol) to indicate the equilibrium price and quantity of motor scooters. Then use the the area representing consumer surplus, and use the purple point (diamond symbol) to fill the area representing Total surplus in this market is million.