the nearest penny). 13. In the diagram to the right, when the price is $56 per...

Question

Question

the nearest penny). 13. In the diagram to the right, when the price is $56 per player, 100 the amount of the (1) million play

Answer 1

Answer #1

Answer-13

Surplus = Quantity supplied is greater than Quantity demand.

Shortage= Quantity demanded is greater than quantity supplied.

When the price is $56, quantity supplied is greater than quantity demanded.

Surplus= 58 -42

Surplus =16

In the diagram to the right, when the price is $56 per player, the amount of the 1) Surplus is 16 millions players per month.

Answer 2

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