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Neha buys an iPhone for $240 and gets a consumer surplus of $160. Her willingness to pay for an iPhone is . If she had
Neha buys an iPhone for $240 and gets a consumer surplus of $160.
Her willingness to pay for an iPhone is
.
If she had bought the iPhone on sale for $180, her consumer surplus would have been
.
If the price of the iPhone had been $500, her consumer surplus would have been
.
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