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    Microeconomics Study Set 46
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    Exam 3: Using Supply and Demand to Analyze Markets
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    The Demand for a Good Is Given by Q<sup>D</sup> =
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The Demand for a Good Is Given by QD =

Question 6

Question 6

Multiple Choice

The demand for a good is given by QD = 750 - 0.4P. What is consumer surplus at a price of $80?


A) $644,405
B) $57,440
C) $1,875
D) $71,800

Correct Answer:

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