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Suppose the Market Demand Curve for TV Remotes Is Given

question 180

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Suppose the market demand curve for TV remotes is given by the equation Qd = 100 - 2P,where P is the price and Qd is the number of TV remotes demanded.If the market price of TV remotes is $10,then the quantity demanded equals _____ and the value of consumer surplus is _____.


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