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Suppose the demand for Apples is given by QA = 310 -10 PA and the current market price is 27. Calculate consumer surplus. If the

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Suppose the demand for Apples is given by QA = 310 -10 PA and the current market price is 27. Calculate consumer surplus. If the market price increases to 28 calculate consumer surplus. What is the compensating variation associated with a loss of access to the apple market at the initial price of 27? Assume demand remains constant. What is the compensating variation associated with the increase in price from 27 to 287 Assume demand remains constant

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