Belva is willing to pay $53.36.00 for a pair of shoes for a formal dance. She finds a pair at her favorite outlet shoe store for $65.71.00. Belva’s consumer surplus is $_______ Please write up to two decimal places if necessary.
Belva is willing to pay $53.36.00 for a pair of shoes for a formal dance. She finds a pair at her favorite outlet shoe store for $65.71.00. Belva’s consumer surplus is $_______ Please write up to two decimal places if necessary.
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter2: The One Lesson Of Business
Section: Chapter Questions
Problem 9MC
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Belva is willing to pay $53.36.00 for a pair of shoes for a formal dance. She finds a pair at her favorite outlet shoe store for $65.71.00. Belva’s
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