The demand curve for product x is given by qxd 360

The demand curve for product x is given by qxd 360 - 2pxa

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Reference no: EM13377927

The demand curve for product X is given by QXd = 360 - 2PX.

a. Find the inverse demand curve.

PX = - QXd

b. How much consumer surplus do consumers receive when Px = $45?

c. How much consumer surplus do consumers receive when Px = $30?

Reference no: EM13377927

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