Question
Amazon has a lightening deal where it slashed the price of one item. At 3:15 pm today, they announce that the item was a new
Amazon has a lightening deal where it slashed the price of one item. At 3:15 pm today, they announce that the item was a new tablet with a sales price of $150 which is less than half of the original price. What is the total surplus for the five following students. Student willingness to pay
Anthony $500
Amanda $400
Lilly $300
Fran $200
Mark $100
What is the total surplus for the five students?
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International Economics
Authors: Dominick Salvatore
12th edition
9781118955727, 1118955765, 1118955722, 978-1118955765
