A consumer has iniverse demand oft p= 15-0.5q for a good and the market price is 53.00, Calculate consumer surplus and the total value of the good for the corresponding quantity consumed Consumer surplus is (Enter your response rounded to two decimal places)
A consumer has iniverse demand oft p= 15-0.5q for a good and the market price is 53.00, Calculate consumer surplus and the total value of the good for the corresponding quantity consumed Consumer surplus is (Enter your response rounded to two decimal places)
Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter6: Consumer Choice And Demand
Section: Chapter Questions
Problem 15PAE
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