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Hilton is planning to charge two prices ($110 and $150) for two-room suites. If the daily demand function for two-room suites is in the form
Hilton is planning to charge two prices ($110 and $150) for two-room suites. If the daily demand function for two-room suites is in the form of d(p) = 800 - 4p, find the total customer surplus generated by this policy. The average service cost for each suite is $40. Round your answers to the nearest integer
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