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Author Question: Assume a consumer has a horizontal demand curve for a product. His consumer surplus from buying the ... (Read 103 times)

Jipu 123

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on: Jul 1, 2018
Assume a consumer has a horizontal demand curve for a product. His consumer surplus from buying the product
 
  A) is maximized.
  B) can't be calculated.
  C) equals zero.
  D) Need more information.

Question 2

Joe's demand for spring water can be represented as p = 10 - Q (where p is measured in /gallon and Q is measured in gallons). He recently discovered a spring where water can be obtained free of charge. His consumer surplus from this water is
 
  A) 0.
  B) 50.
  C) 100.
  D) unknown based upon the information provided.
Microeconomics ¦ Perloff ¦ 8th Edition
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vseab

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Jipu 123

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Reply 2 on: Jul 1, 2018
Excellent

bigsis44

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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