in the market for a particular pair of shoes, geri is willing to pay $75 for a pair, while Jane is willing to pay $85 for a pair. The actual price that each has to pay for a pair of these shoes is $65. What is the total amount of the two womens combined consumer surplus? A) $10 B) $160 C) $30 D) less than $10 E) $195

in the market for a particular pair of shoes, geri is willing to pay $75 for a pair, while Jane is willing to pay $85 for a pair. The actual price that each has to pay for a pair of these shoes is $65. What is the total amount of the two womens combined consumer surplus? A) $10 B) $160 C) $30 D) less than $10 E) $195

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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