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N4 Jason is buying sneakers. He is willing, at most, to pay $100 for a pair. When he arrives at the store, he finds that
N4
Jason is buying sneakers. He is willing, at most, to pay $100 for a pair. When he arrives at the store, he finds that a nice pair of sneakers that are typically selling for $100 are part of a special promotion; buy 1 get one for half price. So, Jason buys two pairs. What is the consumer surplus (in dollars) from Jason's shopping trip if his willingness to pay for a second pair is a bit less, at $80?
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