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Instructions: Enter your answers as o whole number

Economics

Instructions: Enter your answers as o whole number. a. What is the quantity demanded at $150 per game console? Quantity demanded:1 1game consoles b. What Is the quantity supplied et $150 per game console? 
Quantity supplied: [ f game consoles 
c. What is the consumer surplus generated at a price of $150 per game console? Instructions: Use the tool provided 'CS' to Illustrate this area on the graph. Consumer surplus: $ 
I 1 
d. Whet is the producer surplus generated at a price of $150 per game console? 
Instructions: Uso the tool provided 'PS' to illustrate this area on the graph. 
Producer surplus: $ 
I 1 
e. Whet is total economic surplus at a price of $150 per game console? 
Economic surplus: $ 
I 1 
f. What Is the economic surplus generated if the market were In equilibrium? 
Instructions: Use the tool provided: ES"' to illustrate this area on the graph, 
Economic surplus in equilibrium: $ 
I I 
 

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