You are willing to pay $25 (but not a penny more) for a half-hour massage. At the
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You are willing to pay $25 (but not a penny more) for a half-hour massage. At the end of your session, the masseur offers a second half-hour session for $20. After thinking about it for little while, you agree.
(a) How much is your total utility from the two massages?
(b) How much is your consumer surplus if you get two half-hour massages?
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a Total Utility Total utility refers to the total satisfaction you derive from consuming a good or s...View the full answer
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