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3. Pick one internet service you enjoy like google or Netflix. Estimate how much you would be willing to pay for it each month, and

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3. Pick one internet service you enjoy like google or Netflix. Estimate how much you would be willing to pay for it each month, and then how much you actually have to pay for it each month. Use these two numbers to calculate your consumer surplus. (4 points) 17 4. Who was Adam Smith, and what does he mean when he talks about the Invisible Hand? (4 points)

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