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See Hint Rhea's inverse demand for a good is given by p= 13.00 (1.50x q). Assuming that there are enough suppliers to meet her demand, if the per-unit price increases from p=> 2.00 top 8.00, what is the absolute value of her change in consumer's surplus? H 31.80 (Round to the nearest two decimals.)

See Hint Rhea's inverse demand for a good is given by p= 13.00 (1.50x q). Assuming that there are enough suppliers to meet her demand, if the per-unit price increases from p=> 2.00 top 8.00, what is the absolute value of her change in consumer's surplus? H 31.80 (Round to the nearest two decimals.)

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Please solve this question ASAP NB: 31.80 and 31.90 is not the answer.

 
See Hint Rhea's inverse demand for a good is given by p= 13.00 if the per-unit price increases from p = 2.00 to p = 8.00, what is the absolute value of her change in consumer's surplus? (1.50 x q). Assuming that there are enough suppliers to meet her demand, 31.80 (Round to the nearest two decimals.)
Transcribed Image Text:See Hint Rhea's inverse demand for a good is given by p= 13.00 if the per-unit price increases from p = 2.00 to p = 8.00, what is the absolute value of her change in consumer's surplus? (1.50 x q). Assuming that there are enough suppliers to meet her demand, 31.80 (Round to the nearest two decimals.)
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