Total consumer surplus as area | Microeconomics

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Total consumer surplus as area | Microeconomics | Khan Academy

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Looking at consumer surplus as area between the demand curve and the market price
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Пікірлер: 19

@aryhegde7952 Жыл бұрын

Better than all the explanations out there

@TheJackAuffman 12 жыл бұрын

thanks for comin to our school today! :D mvhs class of 2014

@beejayhitman 10 жыл бұрын

I could be wrong, but isn't the area of a triangle 1.5*(b*h)? So the total consumer surplus as an area would be 150?

@yunalee9352 10 жыл бұрын

area of triangle is (0.5)*(b*h) so total consumer surplus = 300

@rishabhjain1294 7 жыл бұрын

beejayhitman next level stupid

@wedeldylan 4 жыл бұрын

The area of a triangle is half that of a rectangle with the same base and height. The area of a rectangle is b*h so the area of a triangle is (1/2)(b*h)

@asangelasme1 5 жыл бұрын

How do you calculate this? I am puzzled. What is the consumer surplus at equilibrium? Use the following information to answer questions 14: The demand and supply curves for pens are given by: QD= 32 - 10 (P) QS = -16 + 6(P) We know that the equilibrium price is P = $3 and the equilibrium quantity is Q= 2.