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    Exam 10: Pricing Strategies for the Firm
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    Assume the Inverse Demand Function for a Good Can Be
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Assume the Inverse Demand Function for a Good Can Be

Question 19

Question 19

Multiple Choice

Assume the inverse demand function for a good can be written as: P = 30 - 2Q.Assuming P = $10,the resulting consumer surplus would be equal to:


A) $50.
B) $100.
C) $200.
D) $225.

Correct Answer:

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