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2. Consumer surplus for an individual and a market The following graph shows Yvettes weekly demand for pizza, represented by the blue line. Point A represents a point along her weekly demand curve. The market price of pizza is $3.00 per slice, as shown by the horizontal black line. Yvettes Weekly Demand 7.50 T 6.75 .25Demand tx 3.75 Price e 3.00 2 으2.25 0.75 0 246 8 14 16 18 20 QUANTITY (Slices of pizza)From the previous graph, you can tell that Yvette is willing to pay S Because she has to pay only $3.00 per slice, the consumer surplus she gains from the 8th slice of pizza is s for her 8th slice of pizza each week. Suppose the price of pizza were to fall to $2.25 per slice. At this lower price, Yvette would receive a consumer surplus of $ from the 8th slice of pizza she buys. The following graph shows the weekly market demand for pizza in a small economy. Use the purple point (diamond symbol) to shade the area representing consumer surplus when the price (P) of pizza is $3.00 per slice. Then, use the green point (triangle symbo) to shade the area representing additional consumer surplus when the price falls to $2.25 per slice.Use the purple point (diamond symbol) to shade the area representing consumer surplus when the price (P) of pizza is $3.00 per slice. Then, use the green point (triangle symbol) to shade the area representing additional consumer surplus when the price falls to $2.25 per slice. Small Economys Weekly Demand 7.50 T 6.75 6.00 t Initial Consumer Surplus (P 53.00) 4.50 Additional Consumer Surplus (P $2.25) 3.75T P 53.00 o 3.00 2.25 P = S2.25 1.50T 0.75 40 60 80 100 120 140 160 180200 Grade It Now Save & Continue Continue without savingcould you help me this whole question?

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31s 3.15- Pe o 75 tPice 2.25 3752.2E 2123

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