Question: Question 18 (5 points) Calculate consumer surplus. Consumer Surplus = 20 2 (20,10) W 7 24 Question 19 (5 points) The supply curve changes

Question 18 (5 points) Calculate consumer surplus. Consumer Surplus = 20 2

Question 18 (5 points) Calculate consumer surplus. Consumer Surplus = 20 2 (20,10) W 7 24 Question 19 (5 points) The supply curve changes and the equilibrium price rises to $24. Calculate the new consumer surplus. ? -5

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