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Shannon buys a new CD player for her car for $135. She receives consumer surplus of $25 on her purchase if her willingness to pay is $110. $160. $135. $25.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Shannon buys a new CD player for her car for $135. She receives consumer surplus of $25 on her
purchase if her willingness to pay is
O $110.
$160.
$135.
$25.

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