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corie corie
wrote...
Posts: 767
6 years ago
The market supply function is P = 10 + Q and the market demand function is P = 70 - 2Q.  What is the change in consumer surplus associated with a minimum floor price of $40?
A) -$25
B) -$150
C) -$175
D) -$200
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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6 years ago
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