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-The Figure Above Shows Cindy's Demand for CDs Per Year

Question 401

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-The figure above shows Cindy's demand for CDs per year. a) What is Cindy's total consumer surplus if the price of a CD is $12? b) What is Cindy's total consumer surplus if the price of a CD is $9? c) What happens to Cindy's consumer surplus when the price of a CD falls?
-The figure above shows Cindy's demand for CDs per year.
a) What is Cindy's total consumer surplus if the price of a CD is $12?
b) What is Cindy's total consumer surplus if the price of a CD is $9?
c) What happens to Cindy's consumer surplus when the price of a CD falls?

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a) Her consumer surplus when the price o...

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