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# Market Surplus: The Victor

MICRO-\$1EOTL

In the market for phonographs, the supply and demand curves are:

$$P = 1000 - 20Q_D$$
$$P = 100 + 10Q_S$$

Which leads to a market that looks like:

In this market, which of the following is true? Use the written supply and demand curves to solve the problem, rather than the graph.

A

There is more consumer surplus than producer surplus.

B

There is more producer surplus than consumer surplus.

C

There is an equal amount of consumer and producer surplus.

D

There is not enough information to tell.