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Lauren1 Lauren1
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Posts: 4120
Rep: 12 0
9 years ago
The latest model car in the dealer's showroom has a sticker price of $35,000.00. Fred, the shopper, has decided that he would pay no more than $32,000.00 for the car. After two hours of bargaining with the saleswoman, Fred actually purchases the car for $31,000.00. Fred, therefore, has obtained a consumer surplus of
A) $35,000.00.
B) $32,000.00.
C) $4,000.00.
D) $1,000.00.
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MrDerecheMrDereche
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#1
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Rep: 304 0
9 years ago
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Lauren1 Author
wrote...
#2
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
#3
9 years ago
You're welcome!
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