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toripollard8 toripollard8
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4 years ago
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.
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Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
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JaxJax
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4 years ago
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toripollard8 Author
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4 years ago
this is exactly what I needed
2ne1_12345
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Yesterday
Thank you, thank you, thank you!
mcraver1
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2 hours ago
You make an excellent tutor!
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