Question: Preview File Edit View Go Tools Window Help $ 80% Wed 10:02 PM QE Screen Shot 2020-10-14 at 10.01.12 PM Q. Search Share Comments 8

Comments 8 9 Question 24 (1 point) en Shot Suppose the market

Preview File Edit View Go Tools Window Help $ 80% Wed 10:02 PM QE Screen Shot 2020-10-14 at 10.01.12 PM Q. Search Share Comments 8 9 Question 24 (1 point) en Shot Suppose the market for oolong tea is described by the graph below: 06.28 PM C 11 12 $11 G M 3 14 15 Price X $6 .6 17 18 $4 D W: .9 20 21 200 Quantity 12 23 24 If Allison is willing to pay as much as $9.50 for a box of oolong tea, how much of a surplus will she get if she pays the market price? 26 27 O $1.50 29 $3.50 30 $5.50 O Not enough information Ready 17,649 14 X W PPreview File Edit View Go Tools Window Help Screen Shot 2020-10-14 at 10.01.23 PM $ 80% Wed 10:02 PM Q E Q Search Question 26 (1 point) Share Comments 8 9 Suppose the market for oolong tea is described by the graph below: en Shot 06.28 PM 10 11 $11 C 12 G M S 13 14 15 Price $6 X $4 16 17 18 D W: 19 20 21 200 Quantity 22 23 24 How much is the total surplus in this market? 200 25 26 27 700 28 29 30 1200 500 Question 27 (1 point) Saved Ready 17,649 14 X W PPreview File Edit View Go Tools Window Help $ 80% Wed 10:02 PM QE Screen Shot 2020-10-14 at 10.01.19 PM Q. Search Share Comments 8 9 Question 25 (1 point) Saved en Shot Suppose the market for oolong tea is described by the graph below: 06.28 PM C 11 12 $11 G M Price S 14 15 X $6 17 18 $4 D W: 20 21 200 Quantity 23 24 Suppose Boolong Oolong Tea Farm requires to sell at least $4 per box of oolong tea to sell in the market. What is Boolong Oolong Tea Farm's producer surplus for selling one box in this market? 26 27 $2 29 30 Not enough information O $7 $0 Ready 17,649 14 X W P F

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