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    Microeconomics and Behavior Study Set 1
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    Exam 5: Applications of Rational Choice and Demand Theories
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    Say an Individual Demand Curve Was Given by P =
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Say an Individual Demand Curve Was Given by P =

Question 29

Question 29

Multiple Choice

Say an individual demand curve was given by P = 50 - 5Q. When the price is $25, consumer surplus is around


A) $63.
B) $188.
C) $125.
D) $100.

Correct Answer:

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