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A linear demand curve is given by Qd=225-12p 1 Assume the price of the good is $10, what is the total amount paid? 2 Assume

A linear demand curve is given by Qd=225-12p

  1. 1 Assume the price of the good is $10, what is the total amount paid?
  2. 2 Assume the price of the good is $10, what is the consumer surplus?
  3. 3 Assume the price of the good is $10, what is the total willingness to pay?

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