Math  /  Data

QuestionCalculate the surplus in the electric car market with a price floor of \$75,000, given the supply and demand data.

Studdy Solution
Calculate the surplus.
Surplus=4,800cars2,700cars=2,100carsSurplus =4,800\, cars -2,700\, cars =2,100\, carsThe surplus caused by the price floor is2,100 cars.

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