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pt. 1 Justin's inverse demand for a good is given by=50.003.00 p=50.003.00q. Assuming that there are enough suppliers to meet his demand, what is his

pt. 1 Justin's inverse demand for a good is given by=50.003.00

p=50.003.00q. Assuming that there are enough suppliers to meet his demand, what is his gross consumer surplus if the per-unit price is=3.50

p=3.50?

pt. 2 What is Justin's consumer's surplus?

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