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Suppose that Tim is unable to buy the posters separately, but can buy the bundle of all five posters for a total price of $500.
Suppose that Tim is unable to buy the posters separately, but can buy the bundle of all five posters for a total price of $500. What is his consumer surplus?
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Consumer surplus is the difference between the total amount a consumer i...
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Microeconomics
Authors: Roger A Arnold
13th Edition
1337617407, 9781337617406
