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 Given the following diagrams: Q1 = 12 bags. Q2 = 7 bags. Q3 = 19 bags. The market equilibrium price is $34 per bag. The price at point a is $70 per bag. The price at point c is $10 per bag. The price at point d is $49 per bag. The price at point e is $24 per bag. The price at point f is $48 per bag. The price at point g is $13 per bag. Apply the formula for the area of a triangle (Area = ½ × Base × Height) to answer the following questions.

Macroeconomics, Economics

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