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Suppose the market supply curve is p = 7 + 0.8*Q. If price increases from 11 to 15, the change in producer surplus is? Suppose
Suppose the market supply curve is p = 7 + 0.8*Q. If price increases from 11 to 15, the change in producer surplus is?
Suppose the inverse supply curve in a market is Q=5*p^2. If price decreases from 6 to 3, the change in producer surplus is?
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