Bundle: Principles of Macroeconomics, Loose-leaf Version, 8th + LMS Integrated Aplia, 1 term Printed Access Card
8th Edition
ISBN: 9781337378970
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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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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