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3. Assume that the data you have suggests that if: i. Travel cost is greater than or equal to $15, no trips are taken. ii.

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3. Assume that the data you have suggests that if: i. Travel cost is greater than or equal to $15, no trips are taken. ii. If travel costs are zero, 100 trips are taken. Draw a travel cost demand curve based on these data. Calculate ordinary consumer surplus for the individual whose travel costs are equal to $5. 9"!\

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