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4. Consumer surplus for an individual and a market The following graph shows Sams weekly demand for apple pie, represented by the blue line. Point A represents a point along his weekly demand curve. The market price of apple pie is $3.00 per slice, as shown by the horizontal black line. Sams Weekly Demand 7.50 6.75 6.00 3.75 Price 3.00 a 2.25 1.50 0.75 2 4 0 2 14 18 20 QUANTITY (Slices of apple pie)

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