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Other Fields Homework Help Economics Topic started by: toripollard8 on Jul 22, 2019



Title: Suppose that Anne buys three pairs of designer shoes at $200 a pair. If the price equals the amount ...
Post by: toripollard8 on Jul 22, 2019
Suppose that Anne buys three pairs of designer shoes at $200 a pair. If the price equals the amount Anne is willing to pay for the third pair, then:

▸ she earned no consumer surplus.

▸ she would have earned consumer surplus if she bought one more pair of shoes.

▸ she would have earned more consumer surplus if she bought one fewer pair of shoes.

▸ she might have earned some consumer surplus on the first two pairs of shoes.


Title: Suppose that Anne buys three pairs of designer shoes at $200 a pair. If the price equals the amount ...
Post by: Jax on Jul 22, 2019
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