If Debbye is willing to pay 50 for a pair of shoes but only has to pay 20 because the shoes are on ...

Author Question: If Debbye is willing to pay 50 for a pair of shoes but only has to pay 20 because the shoes are on ... (Read 153 times)

stephzh

Hero Member
Posts: 556

on: Jul 1, 2018

If Debbye is willing to pay 50 for a pair of shoes but only has to pay 20 because the shoes are on sale, then her consumer surplus on that pair of shoes is
a. 50
b. 20
c. 70
d. 30
e. 25

Question 2

The market demand curve is the sum of individual quantities demanded at each price.
a. True
b. False

diesoon

Sr. Member
Posts: 353

Reply #1 on: Jul 1, 2018

Answer to Question 1

D

Answer to Question 2

A

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