- Messages
- 180
- Reaction score
- 63
- Points
- 38
My bad, it should be D.
My sir explained and told me that I didn't read the question carefully.
It says that the Consumer surplus should be equal, if you see the values of D, you'd notice that Jane is 6andthereforegettingaconsumersurplusof4. Sara pays 4andthereforegetsConsumersurplusof4 and lastly, Yasmin pays 2andgetsconsumersurplusof4.
I hope you get it now. I'll explain the farmer's income one with the help of diagram shortly.![]()
Thanks man! It was so straight forward but I didnt see it the first time :/ you opened my eyes haha! You in AS too?