ECS2601-24-S1 Welcome Message Assessment 1
QUIZ
1 5 0
1 3 0
Started on Tuesday, 5 March
2024, 12:38 PM
State Finished
Completed on Tuesday, 5 March
2024, 1:16 PM
Time taken 38 mins 7 secs
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
John's demand for headphones is given
by the demand curve:
P = 30 - Q.
If a set of headphones cost R15 each,
what would John's consumer surplus be?
a. 225
b. 112.5
c. 150
d. 450
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