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Unformatted text preview: maximizing her utility? If so, explain how you know. If not, how should she rearrange her spending? 7. 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 assignment. 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