How much consumer surplus do consumers receive

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Reference no: EM13181413

The demand curve for product x is given by Qx^d=460-4Px

a.)Find the inverse demand curve.
b.)How much consumer surplus do consumers receive when Px=$35?
c.)How much consumer surplus do consumers receive when Px=$25?
d.)In general, to the level of consumer surplus as the price as the price of a good falls?

Reference no: EM13181413

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