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The Demand Function for a Product Is , Where

Question 129

Multiple Choice

The demand function for a product is The demand function for a product is , where p is the number of dollars and x is the number of units. If the equilibrium price is $40, what is the consumer's surplus? ​ A) $1,175 B) $1,250 C) $1,375 D) $1,220 E) $1,340 , where p is the number of dollars and x is the number of units. If the equilibrium price is $40, what is the consumer's surplus? ​


A) $1,175
B) $1,250
C) $1,375
D) $1,220
E) $1,340

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