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Case Based · Q5
Q.

Using the supply schedule and Kerala demand schedule for the fish Puntius euspilurus:

Price P per kg (in ₹)Quantity (X) of Fish Supplied (in kg)
25800
20700
15600
10500
5400
Price (p) per kg (in ₹)Quantity (x) of Fish Demanded (in kg)
25200
20400
15600
10800
51000

The consumers' surplus at equilibrium price is

  1. 18009
  2. 13500
  3. 9000
  4. 4500
Sikkim CbseNCERTSubjective· 1mImportance★★★★★est
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Using the demand curve p=30−x40p=30-\tfrac{x}{40} with x0=600x_0=600, p0=15p_0=15, the consumers' surplus is ∫0600p dx−p0x0=₹4500\int_0^{600}p\,dx-p_0x_0=\text{₹}4500 — option (d).

Consumers' surplus: CS=∫0x0p dx−p0x0\displaystyle CS=\int_0^{x_0}p\,dx-p_0x_0.

  1. Demand p=30−x40p=30-\dfrac{x}{40}, equilibrium x0=600x_0=600, p0=15p_0=15. …

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