quanboy1305 quanboy1305

12-03-2024
Business

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The demand for a good is given by the equation qd = -2p + 20. The equilibrium price of the good is $6.00. When the market is in equilibrium, what is consumer surplus for all consumers?
a) $10.00
b) $12.00
c) $14.00
d) $16.00

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