Paul goes to Dick's Sporting Goods to buy a new tennis racquet.He is willing to pay $200 for a new racquet, but buys one on sale for $125.Paul's consumer surplus from the purchase is

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Consumer surplus is the difference between what a consumer is willing to pay for a good and what they actually pay. In this case, Paul was willing to pay $200 for a tennis racquet but only paid $125. Therefore, his consumer surplus is $75.

Paul Goes to Dick's Sporting Goods to Buy a New