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    Exam 4: More Demand Theory
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    Suppose Ada's Inverse Demand for Good X Is Given By
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Suppose Ada's Inverse Demand for Good X Is Given By

Question 21

Question 21

Multiple Choice

Suppose Ada's inverse demand for good x is given by: p = 10 - x. If the price increases from $2 to
$3, the change in consumer surplus is:


A) 2.5.
B) 5.
C) 7.5.
D) 10.

Correct Answer:

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