If a buyer's reservation value for a good is 15 and the price at which he purchases the good is 8, his consumer surplus is:
A) 7.
B) 1.8.
C) -7.
D) 120.
Question 2
If no beautification projects were undertaken in a city except by private individuals or firms, the city would almost surely be less beautiful than otherwise comparable cities because
A) aesthetic standards vary so widely.
B) it is extremely difficult to induce people to pay on a voluntary basis for the pleasure they receive from urban beautification projects.
C) people may enjoy beauty, but they are not willing to pay for it.
D) private individuals and firms generate more external costs than benefits.
Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan).
Touch the test light to the negative (–) terminal of the battery or a good engine ground to check ...
Almonds and other nuts are also good sources of protein
Peanut butter is good source of protein
Nuts are also a good source of dietary fibre
Prevalence of good health in Canadians aged 65 years and older