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Suppose Anthony truthfully tells his physician the maximum amount he's willing to pay for hip replacement surgery is: $50,000. The physician says, You're in luck;
Suppose Anthony truthfully tells his physician the maximum amount he's willing to pay for hip replacement surgery is: $50,000. The physician says, "You're in luck; our hip replacement surgeries cost $40,000." Which of the following statements is true? Group of answer choices Anthony will not have the surgery The surgery is not worth $50,000. Anthony gets $10,000 in consumer surplus. Anthony does not get consumer surplus even though he is willing to pay more. The physician loses $10,000 in supplier surplus
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