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Find consumer's surplus at the market equilibrium point given that the demand function is p = V961 – 88x and the supply function is p = x + 4. Answer:

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter3: Supply And Demand: Theory

Section: Chapter Questions

Problem 8WNG

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Question

Find consumer's surplus at the market equilibrium point given that the demand function is
p =
V961 – 88x and the supply function is p = x + 4.
Answer:

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