1. A college student enjoys eating pizza. Her willingness to pay for each slice is shown in...

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1. A college student enjoys eating pizza. Her willingness to pay for each slice is shown in the following table:

a. If pizza slices cost $3 each, how many slices will she buy? How much consumer surplus will she enjoy?

b. If the price of slices falls to $2, how much consumer surplus will she enjoy?

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Principles Of Microeconomics

ISBN: 9780393935769

1st Edition

Authors: Dirk Mateer, Lee Coppock

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