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Mathematics, 05.10.2019 21:40 catman7884

Amovie theater has been charging $10 per person and selling about 500 tickets on a typical weeknight. after surveying their customers, the theater estimates that for every 50 cents that they lower the price, the number of moviegoers will increase by 50 per night. find the demand function and calculate the comsumer surplus when the tickets are $8.

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