LATIHAN EKONOMI 4

The supply and demand for broccoli are described by the following equations: Supply:
QS = 4P – 80 Demand: QD = 100 – 2P Q is in tonnes, and P is in dollars per bushel.
/6 a. What is the equilibrium price and quantity? b. Calculate consumer surplus,
producer surplus, and total surplus at the equilibrium. c. If a dictator who hated
broccoli were to ban the vegetable, who would bear the larger burden—the buyers or
sellers of broccoli?

Q_D=Q_S,QD​ =QS​ ,100-2P_E=4P_E-

80,100−2PE​ =4PE​ −80,6P_E=180,6PE​ =180,P_E=\$30,PE​ =$30,Q_E=100-
2\times\$30=40.QE​ =100−2×$30=40.

CS=\dfrac{1}{2}\times Q_E\times(Max\ Price\ Willing\ to\ Pay-

P_E).CS=21​ ×QE​ ×(Max Price Willing to Pay−PE​ ).

Q_D=100-2P=0,QD​ =100−2P=0,P=\$50.P=$50.

CS=\dfrac{1}{2}\times40\times(\$50-\$30)=\$400.CS=21​ ×40×($50−$30)=$400.

PS=\dfrac{1}{2}\times Q_E\times(P_E-Minimum\ Price\ to\

Sell).PS=21​ ×QE​ ×(PE​ −Minimum Price to Sell).

Q_S=4P-80=0,QS​ =4P−80=0,P=\$20.P=$20.

PS=\dfrac{1}{2}\times40\times(\$30-\$20)=\$200.PS=21​ ×40×($30−$20)=$200.

TS=CS+PS=\$400+\$200=\$600.TS=CS+PS=$400+$200=$600.