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26-10-2022
Mathematics

Answered

• What is the value of consumer surplus in this market if the price is $30? Show your calculation. (Hint: calculate the area of the triangle)
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. If the price is increased from $.30 to $35, will consumer surplus increase or decrease? Why?

If the price is decrease for $.30 to $.25, will consumer surplus increase or decrease? Why?

What is the value of consumer surplus in this market if the price is 30 Show your calculation Hint calculate the area of the triangle If the price is increased class=

Answer :

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