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Sam’s demand function for x is D(p)=10-p/2. The price is initially $8 per unit and increases...

Sam’s demand function for x is D(p)=10-p/2. The price is initially $8 per unit and increases to $16 per unit. Sam’s change in consumer’s surplus is

a. 4

b. None of the above

c. -36

d. -32

e. 36

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Answer #1

OPTION D -32

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