Question: Numerical problem on consumer surplus: Assume that the demand for travel over a bridge takes the form Y = 1 , 0 0 0 ,

Numerical problem on consumer surplus: Assume that the demand for travel over a bridge takes the form Y =1,000,00050,000P, where Y is the number of trips over the bridge and P is the bridge toll (in dollars). Calculate the consumer surplus if the bridge toll is $1 and $20.

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