Question: The answer to this problem is $200 please show all work. Thanks! 1. For demand curve D2, consumer surplus is $6,400 at a price of

The answer to this problem is $200 please show all work.

The answer to this problem is $200 please show all work. Thanks!

Thanks! 1. For demand curve D2, consumer surplus is $6,400 at a

1. For demand curve D2, consumer surplus is $6,400 at a price of $40. Given this, what is the demand choke price for D2? Price ($/unit) $100 90 80 70 60 50 40 30 10 D 10 20 30 40 50 60 70 80 90 100 Quantity

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