question archive the function for demand in a market is (D: Q^D = 12- P)What is the total willingness to pay for 1 unit $?Suppose the equilibrium price in this market is P^E= 9
Subject:EconomicsPrice: Bought3
the function for demand in a market is (D: Q^D = 12- P)What is the total willingness to pay for 1 unit $?Suppose the equilibrium price in this market is P^E= 9. Consumer surplus in this equilibrium is $?