Question: Please explain how to do the attached homework problem and the correct answer. Given the demand equation p : D(q) : 100 3112 , calculate

Please explain how to do the attached homework problem and the correct answer.

Please explain how to do the attached homework problem and the correct

Given the demand equation p : D(q) : 100 3112 , calculate the consumer surplus when q* = 5 units are sold at equilibrium price. 0 500 O 250

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