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The aggregate demand for good X is Q = 20 - P. If the price rises from P = $4 to P = $6, what is the change in consumer surplus?
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Question

The aggregate demand for good X is Q = 20 - P. If the price rises

from P = $4 to P = $6, what is the change in consumer surplus?

Step-by-step answer

icitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac macinia pulvi

Change in Consumer surplus_2.jpg


s a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dict

e vel laoreet ac, dictum vitae odio.

facilisis. Pellentesque dapibus


ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae od

Change in Consumer surplus_2.jpg
s a m ac ce F , dictum v amet, molestie s a moles molest ongue ve , dictum v usce dui lec , dictum vi ctum v molest s ante, dapibus , dic itur laoreet. Nam risu icitur laoreet. consectetur adipis

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Subject: Business, Economics

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