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1. Given the following information, calculate the consumer surplus for each individual A to F. (1) (2) (3) (4) Maximum Actual price price willing (equilibrium

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1. Given the following information, calculate the consumer surplus for each individual A to F. (1) (2) (3) (4) Maximum Actual price price willing (equilibrium Consumer Person to pay price) surplus $25 $12 23 12 18 12 16 12 13 12 12 12 2. Given the following information, calculate the producer surplus for each producer A to F. (1) (2) (3) (4) Minimum Actual price acceptable (equilibrium Producer Producers price price surplus $4 $12 5 12 7 12 9 12 10 12 12 12

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