Principles Of Economics, Ap Edition, 9781337292603, 1337292605, 2018
8th Edition
ISBN: 9781337292603
Author: Mankiw
Publisher: Cengage Learning (2018)
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Question
Chapter 7, Problem 1PA
Subpart (a):
To determine
Calculate the maximum willing price .
Subpart (b):
To determine
Calculate the consumer surplus.
Sub part (c):
To determine
Consumer decision of buying the goods related with maximum willing to buy price.
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