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The demand curve for product X is given by Q x = 200 - 4P x Find the inverse demand curve. How much consumer surplus

  1. The demand curve for product X is given by Qx = 200 - 4Px
    1. Find the inverse demand curve.
    2. How much consumer surplus do consumer receive when Px = $30?
    3. In general, what happens to consumer surplus as the price of good rises?

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