Question: answer options 75 360 37.5 122.5 Suppose an individual demand curve is given by P = 50 - 5Q, where P is the price of
answer options
Suppose an individual demand curve is given by P = 50 - 5Q, where P is the price of pizza and Q is the quantity she consumes. Assuming her income per week is $500 and the current price of pizza is $10 each, by how much will her consumer surplus decline if the price of pizza increased to $15 each? 75
75
360
37.5
122.5
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