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The Demand Function for a Certain Commodity Is p=5x10p = 5 - \frac { x } { 10 }

Question 28

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The demand function for a certain commodity is p=5x10p = 5 - \frac { x } { 10 } Find the consumer's surplus when the sales level is 30. Illustrate by drawing the demand curve and identifying the consumer's surplus as an area.

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