please answer

21.

\fWhat is the consumer surplus if the price is $100 based on the below table? Willingness To Pay $1 15 $85 $147 $85 $98 0 $62 0 $47 0 $30 0 $32 Your best friend needs $50 to buy a new video game console. He has opened a newspaper stand to make the money. All the newspapers were paid for by his father. Right now he is charging 50 cents per newspaper, but he wants to adjust the price to make the $50 faster. If you know that the demand for newspapers is elastic at a price of 50 cents, what would be your advice? 0 Raise the price to increase total revenue. 0 Leave the price at 50 cents and be patient. 0 Lower the price to increase total revenue. 0 There isn't enough information given to answer this question. If demand is P = 80 - 2Q, and supply is P = 5 + Q, which is more elastic at the equilibrium? 0 The curves are equally elastic. 0 Supply. 0 There is not enough information to solve the problem. 0 Demand. Consider the market for pizza in a large city. Assuming that pizza is a normal good. Identify what happens to the equilibrium price and quantity after the price of labor falls: 0 The equilibrium price is expected to decrease, and the equilibrium quantity is expected to decrease. O The equilibrium price is expected to decrease, the equilibrium quantity is expected to increase. 0 The equilibrium price is expected to increase, and the equilibrium quantity is expected to decrease. O The equilibrium price is expected to increase, the equilibrium quantity is expected to increase