PLEASE HELP!!! 8th grade math...
1 answer:
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Calculate Q (consumer surplus) when P = 60
⇒ Subtract 60 from both sides
⇒ Add 2Q to both sides
⇒ Divide both sides by 2
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Calculate Q when P = 50
![0=30-2Q{/tex] [tex]0+2Q=30-2Q+2Q](https://tex.z-dn.net/?f=0%3D30-2Q%7B%2Ftex%5D%20%5Btex%5D0%2B2Q%3D30-2Q%2B2Q)
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As the value of P decreasing, the value of Q increases from 10 to 15
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Calculate Q when P = 50
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As the value of P decreasing, the value of Q increases from 10 to 15