The U.S. market for snowboards is currently in equilibrium at price $220. Burton finally starts exporting snowboards, pushing the world price up to $293. What is the new consumer surplus? (Round to nearest whole number). P(S) a b C d e f 0 5 10 15 20 25 S D Q 30 a-$362 b = $316 c- $293 d- $220 e - $152 f= $123

The U.S. market for snowboards is currently in equilibrium at price $220. Burton finally starts exporting snowboards, pushing the world price up to $293. What is the new consumer surplus? (Round to nearest whole number). P(S) a b C d e f 0 5 10 15 20 25 S D Q 30 a-$362 b = $316 c- $293 d- $220 e - $152 f= $123

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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