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Suppose the market demand for good X is given by QXd = 20 - 2PX. If the equilibrium price of X is $5 per unit,

Suppose the market demand for good X is given by QXd = 20 - 2PX. If the equilibrium price of X is $5 per unit, then the total value a consumer receives from consuming the equilibrium quantity is.

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Demand function is as follows QXd 20 2PX Equilibrium price PX 5 ... blur-text-image
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