Question: The demand function for mead is given by the equation D ( p ) = 1 0 0 p . If the price of mead

The demand function for mead is given by the equation D(p)=100 p. If the price of mead is $60, how much is the net consThe demand function for mead is given by the equation D(p)=100 p. If the price of mead is $90, how much is the net consumers surplus? a. $25 b. $10 c. $50 d. $100 e. $8,550umers surplus? a. $40 b. $800 c. $1,600 d. $400 e. $3,900

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