Question: Please help 6-11 H.W Problems : For questions 1 to 14 use the information below. The Shiny Soccer Cards is made up of 50 identical

Please help 6-11

Please help 6-11 H.W Problems : For questions 1 to 14 use

H.W Problems : For questions 1 to 14 use the information below. The Shiny Soccer Cards is made up of 50 identical rms, each having short-run total costs given by short-run total costs = 0.5q2 + 25q + 5 And shortrun marginal costs given by shortrun marginal costs = q + 25 Where q is the output of Shiny Soccer Cards of each rm and Q is the output of Shiny Soccer Cards for the industry per day. 6. Total producer surplus is A) $250 B) $2250 C) $6250 D) $2500 E) Some other answer or cannot be determined. 7. ) Total economic prots for the industry are A) $2250 B) $6250 C) $2500 D) $250 E) Some other answer or cannot be determined. 8. Total consumer surplus is A) $250 B) $2250 C) $6250 D) $2500 E) Some other answer or cannot be determined. 9. Total consumer spending is A) $6250)B) $2500 C) $250 D) $2250 E) Some other answer or cannot be determined. 10. Suppose the government now imposes a $10 tax on digital cellpad utensils. The new equilibrium quantity for the industry would be to the nearest unit A) 275 B) 447 C) 500 0) 357 E) Some other answer or cannot be determined. 11. The new equilibrium price for consumers would be to the nearest cent A) $42.14 B) $45 C) $32.14 D) $35 E) Some other answer or cannot be determined

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