Question: 16 In this problem, p is in dollars and x is the number of units. If the demand function for a product is p =

16

In this problem, p is in dollars and x is the number of units. If the demand function for a product is p = 9/(x - 1) and the supply function is p - 1 + 0.2x, find the consumer's surplus under pure competition. (Round your answer to the nearest ce
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