Question: Introduction to Economies Final The supply function is given as Q 5 = P - 5 0 3 and the demand function is given as

Introduction to Economies Final
The supply function is given as Q5=P-503 and the demand function is given as QD=100-P. What is the consumer surplus?
A)312.5
B)625
C)25
D)50
 Introduction to Economies Final The supply function is given as Q5=P-503

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