Question: 2-The Demand curve for a good A is P = - 2Q+200 and the Supply curve is P=Q+10. . Find the equilibrium Price and Quantity

2-The Demand curve for a good A is P = - 2Q+200 and the Supply curve is P=Q+10. . Find the equilibrium Price and Quantity . What is the level of total expenditure in this market? . What 1s the price elasticity of demand at equilibrium? . If there 1s a law that prevents you from consuming this good, how much should you be compensated by the government to accept it given the Consumer Surplus (CS)? Calculate. Demand shifts to P = - 2Q+260 due to an increase in the price of another good B from $20 to $25 E. Find the New Equilibrium, and Calculate the new Consumer Surplus and the Cross Price Elasticity of Demand. What type of goods are these? SCOowp

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