(Figure: Determining Surplus and Loss) In the graph, how much is consumer surplus at a price of $5? 
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The process by which governmental bodies and agencies formulate, amend, or repeal regulations, often involving public notice and an opportunity for comment.
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Following or according with established form, custom, or rule; characterized by strict or meticulous adherence to established codes or conventions.
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Combining two or more different elements, methods, or systems to create a new or dual-functioning entity.
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