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It Is Known That the Quantity Demanded of a Certain

Question 16

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It is known that the quantity demanded of a certain make of portable hair dryer is x hundred units/week and the corresponding wholesale unit price is It is known that the quantity demanded of a certain make of portable hair dryer is x hundred units/week and the corresponding wholesale unit price is dollars. Determine the consumers' surplus if the wholesale market price is set at $20/unit. Round your answer to the nearest dollar. A) $5,093 B) $5,217 C) $4,975 D) $4,661 dollars. Determine the consumers' surplus if the wholesale market price is set at $20/unit. Round your answer to the nearest dollar.


A) $5,093
B) $5,217
C) $4,975
D) $4,661

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