Sir Plus Has a Demand Function for Mead That Is

question 9

Multiple Choice

Sir Plus has a demand function for mead that is given by the equation D(p) = 100 - p.If the price of mead is $90, how much is Sir Plus's net consumer's surplus?

• A)$25
• B)$10
• C)$50
• D)$100
• E)$8,550

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Definitions:

Cellulitis

A bacterial skin infection characterized by redness, swelling, warmth, and pain, often occurring on the lower legs.

Orbit

The bony cavity in the skull containing the eyeball; it also houses muscles that move the eye, blood vessels, and nerves.

Extraocular Muscles

The six muscles that surround the eyeball and control its movements.

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A small area of inflammation in tissue, often caused by infection or an immune response to foreign substances.