(Solved): The graph shows the market for hamburgers. What is the equilibrium price and efficient quantity of ...

The graph shows the market for hamburgers. What is the equilibrium price and efficient quantity of sandwiches? What is the consumer surplus and the producer surplus on sandwiches? Draw a point at the equilibrium price and eflicient quantity of hamburgers. Draw a shape to show the consumer surplus on hamburgers. Label it $$CS$$. Draw a shape to show the producer surplus on hamburgers. Labol is $$PS$$. The consumer surplus on hamburgers is 5 The producer surplus on hamburgers is $$\$$$ The gragh shows the market for poandes: What is the equilbrium price of peanuts? What is the equilbeium quantity of peanuts? Is the market for peanuts efficient or inemicient? Why? The equilbelum peice of peanuts is 4 a pound and the equilbrum quanty of peanuts is bilion pounds The market for pearuts is A. efficient only if the total beneff of the peanuts equars $$\$12.00$$ e pound 1. inefficient because growers of peacuts recelve a large producer surplus C. ineficient only if the cost of growing all the pearuts is an average of 512.00 a poond 0. eftcient because the behefit of each pound of peanuts consumed equals the cost of growirg if E. efficient because the marginat benefit of pearuts equals the marginat cost of produeing them, which is $$\$1200$$ a pound