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(4) Water filters Suppose demand for water filters in the US is given by Q = 5,000,000 - 100,000P, and that the current price for

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(4) Water filters Suppose demand for water filters in the US is given by Q = 5,000,000 - 100,000P, and that the current price for a filter is $25. (@) Compute the price elasticity of the demand at the current price. (b) Compute the consumer surplus at the current price

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