The demand curve for tickets to the George Winston concert (with special guest star, Kenny G) is given as follows: Q = 200 – 0.1P At a price of $30, what is the consumer surplus from concert tickets?
A) $0
B) $20
C) $2,000
D) $1,970
E) $194,045
ANSWER
E
Place an order in 3 easy steps. Takes less than 5 mins.