Suppose that the price of a ride is $12. Then Angela buys 8 rides a month. Suppose her demand curve is P = 40-2Q. Then how much is her consumer surplus in a month? (Note: 1) If your answer is a whole number, then there is no need to round to 2 decimal places. 2) If your answer is "200 dollars", please key in 200 directly without any units or dollar sign.)

Suppose that the price of a ride is $12. Then Angela buys 8 rides a month. Suppose her demand curve is P = 40-2Q. Then how much is her consumer surplus in a month? (Note: 1) If your answer is a whole number, then there is no need to round to 2 decimal places. 2) If your answer is "200 dollars", please key in 200 directly without any units or dollar sign.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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