Economics problem, confused please help?

Posted on 2014-12-06 06:34:00 in Economics by SAPY

I genuinely do not understand what I am doing wrong in this problem, please help if you know how to do it. I would really appreciate it:

Enrodes is a monopoly provider of residential electricity in a region of northern Michigan. Total demand by its 3 million households is Qd = 1,500 - 2P, and Enrodes can produce electricity at a constant marginal cost of $6 per megawatt hour. Consumers in this region of Michigan have recently complained that Enrodes is charging too much for its services. In fact, a few consumers are so upset that they’re trying to form a coalition to lobby the local government to regulate the price Enrodes charges.

If all the consumers of this region joined the coalition against Enrodes, how much would each consumer be willing to spend to lobby the local government to regulate Enrodes’s price?

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