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The Demand Function for a Product Is p=1404xp = 140 - 4 x

Question 57

Multiple Choice

The demand function for a product is p=1404xp = 140 - 4 x , where p is the number of dollars and x is the number of units. If the equilibrium price is $40\$ 40 , what is the consumer's surplus?


A) $ 11751175
B) $ 12501250
C) $ 13751375
D) $ 12201220
E) $ 13401340

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