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Suppose That a Consumer's Demand Curve for a Good Can P=50−4QdP = 50 - 4 Q ^ { d }

Question 35

Multiple Choice

Suppose that a consumer's demand curve for a good can be expressed as P=50−4QdP = 50 - 4 Q ^ { d } . Suppose that the market is initially in equilibrium at a price of $10. What is the consumer surplus at the original equilibrium price?


A) 100
B) 150
C) 200
D) 250.

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