The market for Good X is depicted below. Market for Good X Where $P_{0} = $5, P_{S, 0} = $8, P_{S, 1} = $11, P^{?} = $14, P_{B, 1} = $16, P_{B, 0} = $18 P_{1} =$ $$20, Q_{0} = 40, Q_{1} = 80$ , and $Q^{?} = 120$ . Suppose there is a $$10$ per unit transaction cost. What is the total consumer surplus? (Do not include the dollar sign \$ in your answer)

Question

The market for Good X is depicted below. Market for Good X Where

P_{0} = $5, P_{S, 0} = $8, P_{S, 1} = $11, P^{?} = $14, P_{B, 1} = $16, P_{B, 0} = $18 P_{1} =

$20, Q_{0} = 40, Q_{1} = 80

, and

Q^{?} = 120

. Suppose there is a

$10

per unit transaction cost. What is the total consumer surplus? (Do not include the dollar sign \$ in your answer)

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(Solved): The market for Good X is depicted below. Market for Good X Where P0=$5,PS,0=$8,PS,1=$11,P ...