Monique buys a new television for $795.She receives consumer surplus of $355 from the purchase.How much does Monique value her television?

Name: Monique buys a new television for $795.She receives consumer surplus of $355 from the purchase.How much does Monique value her television?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Monique values her television at the sum of the price she paid and the consumer surplus she received, which is $795 + $355 = $1150. Therefore, the correct choice is D.

Monique Buys a New Television for $795