If your willingness to pay for a hamburger is R30.00 and the price is R20.00, your consumer surplus is R50.00.
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Q2: Consumer surplus is a good measure of
Q3: Consumer surplus is the
A)amount of a good
Q5: Consumer surplus tends to be small when
A)
Q6: Producer surplus is the area above the
Q13: Producer surplus is a measure of the
Q15: If you had been willing to pay
Q16: This table refers to five possible
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