Question: why answer is d, and isn't a? ( 2. In a market where the demand curve is given by Q = 1600 -4P and supply

why answer is d, and isn't a? ( 2. In a

why answer is d, and isn't a?

( 2. In a market where the demand curve is given by Q = 1600 -4P and supply by Q = 4P. What is the total surplus (TS) in the market equilibrium? a. TS = 80,000 1600 = 8p b. TS = 1,600 c. TS = 0 d. TS = 160,000 P = 200 e. none of the above

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