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1.3 If the inverse demand function for radios is - p= a bq, what is the consumer surplus if the price is a/2? M

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter6: Elasticity

Section: Chapter Questions

Problem 1QP

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1.3 If the inverse demand
function for radios is
-
p= a bq, what is the consumer surplus if the
price is a/2? M
*

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