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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