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Question 19 of 20 - 71 III View Policies Current Attempt in Progress In May...

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Question 19 of 20 - 71 III View Policies Current Attempt in Progress In May 1991, Car and Driver described a Jaguar that sold for $980,000. At that price only 50 have been sold. It is estimated that 350 could have been sold if the price had been $560,000. Assuming that the demand curve is a straight line, and that $560,000 and 350 are the equilibrium price and quantity, find the consumer surplus at the equilibrium price. Consumer surplus = dollars e Textbook and Media Save for Later Attempts: 0 of 15 used Submit Answer Using multiple attempts will impact your score. 5% score reduction after attempt 10

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