how do i arrange the the drawing of a demand and supply curve, where in supply, there are six suppliers with the cost 12, seven suppliers with the cost of 36, and seven suppliers with the cost of 48 then demand: there are 10 demanders with the cost of 50, and 10 demanders with the cost of 24? stripe the area of consumer surplus, and identify the equilibrum price and quantity.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter7: Market Efficiency And Welfare
Section: Chapter Questions
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how do i arrange the the drawing of a demand and supply curve, where in supply, there are six suppliers with the cost 12, seven suppliers with the cost of 36, and seven suppliers with the cost of 48

then demand: there are 10 demanders with the cost of 50, and 10 demanders with the cost of 24?

stripe the area of consumer surplus, and identify the equilibrum price and quantity.

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