Question: Patricia wants to measure the change in CS in the market for doughnuts when the price increases to $14.50 (box of a dozen doughnuts)

Patricia wants to measure the change in CS in the market for doughnuts when the price increases to $14.50

Patricia wants to measure the change in CS in the market for doughnuts when the price increases to $14.50 (box of a dozen doughnuts) but she does not know how to do it. Consider that the demand for doughnuts is p(q) = 15 - 12 q and the supply is p = 7q. You can help! If you want to help her, calculate the change in CS in this market.

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