=+a. Suppose the market price is $29. What is the total consumer surplus? b. The market price

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=+a. Suppose the market price is $29. What is the total consumer surplus?

b. The market price decreases to $19. What is the total consumer surplus now?

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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Question Posted: Oct 02, 2024 09:02 AM

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=+a. Suppose the market price is $29. What is the total consumer surplus? b. The market price decreases to $19. What is the total consumer surplus now?
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=+willing to pay $35, consumer 3 is willing to pay $30, consumer 4 is willing to pay $25, consumer 5 is willing to pay $20, and consumer 6 is willing to pay $15.
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=+a. Suppose the market price is $29. What is the total consumer surplus? b. The market price

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Economics

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