Economics: Principles, Problems, and Policies, 19th Edition

by McConnell, Campbell R.; Brue, Stanley L.; Flynn, Sean M.

Published by McGraw-Hill Education

ISBN 10: 0073511447

ISBN 13: 978-0-07351-144-3

Chapter 3 - Demand, Supply, and Market Equilibrium - Problems - Page 68: 7d

Answer

Fall to price of 1500 = 2500 Fall to price of 1000 = 5000 Fall to price of 500 = 7500

Work Step by Step

Fall to price of 1500 = 12500-10000 = 2500 Fall to price of 1000 = 12500-7500 = 5000 Fall to price of 500 = 12500-5000 = 7500

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