Mastering Consumer and Producer Surplus
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Questions and Answers

Which district experienced the highest increase in quantity supplied from year 1 to year 7?

  • District 4 (correct)
  • District 1
  • District 3
  • District 2

    • What was the percentage increase in price from year 1 to year 7?

  • 70%
  • 50%
  • 80% (correct)
  • 60%

    • What was the quantity demanded in District 5 when the price was RM12?

  • 54
  • 60
  • 51 (correct)
  • 57

    • Which district had the highest quantity supplied when the price was RM14?

    <p>District 5</p> Signup and view all the answers

    What was the percentage increase in quantity demanded in District 1 from year 1 to year 7?

    <p>170%</p> Signup and view all the answers

    Which district experienced the highest percentage increase in quantity supplied from year 1 to year 7?

    <p>District 4</p> Signup and view all the answers

    What was the quantity demanded in District 3 when the price was RM15?

    <p>37</p> Signup and view all the answers

    What was the percentage increase in price from year 1 to year 7?

    <p>55%</p> Signup and view all the answers

    What was the percentage increase in quantity demanded in District 4 from year 1 to year 7?

    <p>50%</p> Signup and view all the answers

    Which district had the highest quantity supplied when the price was RM13?

    <p>District 4</p> Signup and view all the answers

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