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Unformatted text preview: 12. For the demand curve shown, find the total amount of consumer surplus that results in the gasoline market if gasoline sells for $2 per gallon. Find the total amount of consumer if gasoline sells for $3 per gallon and the change in consumer surplus. On my honor as an Aggie, I have neither given nor received unauthorized aid on this exam. Signature _____________________...
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This note was uploaded on 02/20/2012 for the course ECON 202 taught by Professor Brightwell during the Spring '08 term at Texas A&M.
- Spring '08