Suppose Eddie's Demand Curve for Text Messages Is T =

question 2

Multiple Choice

Suppose Eddie's demand curve for text messages is T = 150 - 500P_t,where T stands for the number of text messages and P_t represents the price of text messages.What is Eddie's consumer surplus if P_t = $0.10 per message?

• A) $5
• B) $10
• C) $20
• D) $50

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