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26. Jeremy buys a ranch for $5 million. He receives consumer surplus of $4.9 million from the purchase. His willingness to pay is A. $5

26. Jeremy buys a ranch for $5 million. He receives consumer surplus of $4.9 million from the purchase. His willingness to pay is A. $5 million. B. $4.9 million. C. $9.9 million. D. $0.1 million

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