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katerooshkie katerooshkie
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2 years ago
The table below shows the total value (in dollars) that Andrew gets from playing 9-hole rounds of golf.

Rounds of Golf per MonthTotal
Value
($)
0   0
1 40
2 70
3  92
4108
5120
6130
7130

TABLE 6-6

Refer to Table 6-6. If the price of a 9-hole round of golf is $16, and Andrew is maximizing his utility, then his consumer surplus will be

▸ $44.

▸ $92.

▸ $16.

▸ $108.

▸ $310.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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brassgodbrassgod
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2 years ago
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katerooshkie Author
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2 years ago
Smart ... Thanks!
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You make an excellent tutor!
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Thanks
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