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Assignment 3-1 (3) - Protected View - AutoSave File Home Insert Page Layout Formulas Data Review View Help PROTECTED VIEW Be
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At market price =$5, consumer surplus = 0.5*(10-5)*(50-0) = 0.5*5*50 = $125.

Therefore, by using the formula of area under the triangle, we calculate the area of the triangle above the price and below the demand curve to calculate the consumer surplus which is $125.

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