The Demand for a Product Is Given By Graph the Demand Curve and Calculate Consumer Surplus at Price

question 60

Essay

The demand for a product is given by: $$\begin{array} { c c } \hline \text { Price } & \text { Quantity Demanded } \\\hline \$ 0 & 8 \\1 & 6 \\2 & 4 \\3 & 2 \\4 & 0 \\\hline\end{array}$$
Graph the demand curve and calculate consumer surplus at price of $2.

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