Top Posters
Since Sunday
w
3
w
3
e
3
3
r
3
b
2
M
2
V
2
f
2
c
2
c
2
K
2
New Topic  
triciababy1 triciababy1
wrote...
Posts: 148
Rep: 0 0
A year ago

If the maximum price a person is willing and able to pay for a good is $50, and consumers' surplus is $20, then it follows that the price the buyer paid for the good is



$20



$70



$50



$30



There is not enough information to answer the question.

Textbook 
Economics

Economics


Edition: 12th
Author:
Read 46 times
1 Reply
Replies
Answer verified by a subject expert
bwhurdbwhurd
wrote...
Posts: 141
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

triciababy1 Author
wrote...

A year ago
Just got PERFECT on my quiz
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  456 People Browsing
Related Images
  
 276
  
 375
  
 181
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 824