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Consider the market shown in the figure. Compute the consumer surplus at the equilibrium price and quantity when the market is denoted by D1 and

Consider the market shown in the figure. Compute the consumer surplus at the equilibrium price and quantity when the market is denoted by D1 and S1. Compute the consumer surplus at the equilibrium price and quantity when the market is denoted by D2 and S1. By how much does consumer surplus increase?

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Consider the market shown in the figure. Compute the consumer surplus at the equilibrium price and quantity when the market is denoted by DI and 51. Compute the consumer surplus at the equilibrium price and quantity when the market is denoted by D2 and S1. By how much does consumer surplus increase? 60 50 40 S1 Price 30 20 D2 10 0 100 200 300 400 500 600 Quantity Type your numeric answer and submit

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