Assume the  demand and supply schedules for the market are…

Assume the  demand and supply schedules for the market are represented by the following data: Quantity demanded    Quantity demanded      Price Quantity supplied 300 0 10,000 3,000 3,000 0 0 5,000 Calculate the value of consumers surplus realized in the portable generator market when the weather is nice. Enter the value using two decimal places, rounding up if the calculated value of the third decimal place is 5 or higher.  Do not enter “$” or commas. Hint: Sketch the market and identify the three corners of the triangular area that represents consumers surplus. The information given includes two points on each demand schedule and two points on the supply schedule.

25. Since this is an online lab practical, here is a freebie…

25. Since this is an online lab practical, here is a freebie station…kind of…: A. How are you doing? B. What did you do for Spring Break? C. Who are you thankful for? D. And…how many teeth are in an adult who has had no extractions? Sorry, we had to sneak one question in the exam…