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Suppose you need to buy a new cell phone charger. You can buy one at a nearby store for $10, or you can buy one
Suppose you need to buy a new cell phone charger. You can buy one at a nearby store for $10, or you can buy one online for $8.50, but it'll take 2 days to arrive. If the cost to you of waiting two days to get the charger is $1, then your economic surplus from buying the charger online instead of at the store is: Multiple choice question. 50 cents $1 $8.50 $10
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