Question: 4,5,6 please D Question 4 1 pts Use the graph below to answer the following question: If the market price of a Porsche Spyder is

4,5,6 please
4,5,6 please D Question 4 1 pts Use the graph below to
answer the following question: If the market price of a Porsche Spyder
is $820,000, how much consumer surplus is received by Hua? $__ Market

D Question 4 1 pts Use the graph below to answer the following question: If the market price of a Porsche Spyder is $820,000, how much consumer surplus is received by Hua? $__ Market Demand for Porsche Spyder 1,050,000- Fred 1,000,000 Michel 950.000 Hua 3900.000 Carlos 4850,000- John 9800,000 Marty 0760.000 Bob 700,000- Blaise 850,000 800,000+ 0 1 3 8 Quantity Demanded(cars per year) D Question 5 1 pts Use the graph below to answer the following question: If the price of a Porsche Spyder is $675,000, how many Spyders can be sold at that price? Market Demand for Porsche Spyder 1,050,000 Fred 1,000,000 Michel 950.000- Hua 900.000- Carlos 20850,000 Price (dollars per car) John 9800.000 Marty 2750,000 Bob 700.000- Blaise 650.000- 800.000- 0 Quantity Demanded(cars per year) D Question 6 1 pts Use the graph below to answer the following question: If the price of a Porsche Spyder is $675,000, how much total revenue will the car dealer get if he sells all the cars at the same price of $675,000 to all buyers? $_ Market Demand for Porsche Spyder 1,050,000 Fred 1,000,000 Michel 950,000 Hua 900,000- Carlos 19850,000 co 9800,00 John 000- 3750,000- Marty 700.000 Bob 650.000- Blaise c00.000- 0 3 4 Quantity Demanded(cars per year)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!