Advanced Analysis of Consumer Surplus and Deadweight Loss

Assume the following values for the figures attached.
Q1 = 20 bags
Q2 = 15 bags
Q3 = 27 bags.
The market equilibrium price is $45 per bag.
The price at a is $85 per bag.
The price at c is $5 per bag.
The price at f is $59 per bag.
The price at g is $31 per bag.
Apply the formula for the area of a triangle (Area = Base Height) to answer the following questions.

a.What is the dollar value of the total surplus (producer surplus plus consumer surplus) when the allocatively efficient output level is being produced? How large is the dollar value of the consumer surplus at that output level?

b.What is the dollar value of the deadweight loss when output level Q2 is being produced? What is the total surplus when output level Q2 is being produced?

c.What is the dollar value of the deadweight loss when output level Q3 is produced? What is the dollar value of the total surplus when output level Q3 is produced?

a)
The demand and supply functions are:
P = 85-2Qd
P = 5+2Qs
85-2Qd = 5+2Qs
At the allocatively efficient quantity, Qd = Qs.
85-2Q = 5+2Q
80 = 4Q
Q = 20
P = 85-2Q
P = 85-40
P = 45

Therefore the ...

Solution Summary

Given data on the market demand and supply at various price levels, this solution shows how to calculate the producer surplus, consumer surplus and dead-weight loss at various levels of output.

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If QD=100-6P and QS=4p
I understand how to get the equilibrium of p=10 and Q=40 but I need to
find consumerand producer surplus ...how does that get calculated?
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Q = 250 - 0.5P
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Price of X under free trade $12
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Import of X under free trade 600 units
Impo

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Total Cost Total Value
Quantity Firm

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Details to question=
A monopolist can produce at constant average and marginal costs of AC=MC=5 The firm faces a market demand curve given by Q=53-P
A. Calculate the profit-maximizing price-quantity combination for the monopolist.Also calculate the monopolists profits.
B. What output level would be produced by the i