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Author Question: Given a particular market demand curve, consumer surplus is (Read 58 times)

xsk4r3kr0w

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Question 1




FIGURE 6-1

Refer to Figure 6-1. The total utility from consuming two units of the good is


◦ 60.
◦ 140.
◦ 40.
◦ 20.
◦ 80.

Question 2

Given a particular market demand curve, consumer surplus is
◦ greater the higher the price and the smaller the output.
◦ greater the lower the price and the larger the output.
◦ greater the lower the price and the smaller the output.
◦ less the lower the price and the larger the output.
◦ less the lower the price and the smaller the output.


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Marked as best answer by xsk4r3kr0w on Oct 12, 2022

Deonnak85

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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xsk4r3kr0w

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)


xiazhe

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Reply 3 on: Yesterday
Wow, this really help

 

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