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Can you think of a good or service for which consumers get a lot of consumer surplus right now? This can be in relation to
Can you think of a good or service for which consumers get a lot of consumer surplus right now? This can be in relation to the fall season, the pandemic, or any other event.
Recall that consumer surplus is the value we place on a good minus the price we pay. It is the marginal benefit from buying a good in the market, the less elastic demand, the bigger is consumer surplus.
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