Question: The following function describes the demand condition for posters. QD = 65000 - 10000P (a) 1. How many posters could be sold at a price

The following function describes the demand condition for posters. QD =

The following function describes the demand condition for posters. QD = 65000 - 10000P (a) 1. How many posters could be sold at a price of $5? How much consumer surplus is generated at this price? (b) . | How many posters could be sold at a price of $3? How much consumer surplus is generated at this price? (c) How many posters could be sold at a price of $0? How much consumer surplus is generated at this price? (d) At what price would poster sales equal zero? How much consumer surplus is generated at this price

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