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 47 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
this is exactly what I needed
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
Helped a lot
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  565 People Browsing
Related Images
  
 324
  
 293
  
 314
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 365

Previous poll results: What's your favorite coffee beverage?