Sally is shopping for textbooks at the beginning of the semester.What is one reason she might decide to not purchase a textbook?
A) Her expected producer surplus is positive.
B) Her expected consumer surplus is negative.
C) Her expected consumer surplus is positive.
D) Her expected profits are positive.

Question

Quizplus · Accepted Answer

Sally might decide not to purchase a textbook if her expected consumer surplus is negative, meaning that she does not believe that the benefits of owning the textbook outweigh the costs. This could be due to a variety of reasons, such as the textbook being too expensive or not having enough useful content.

Sally Is Shopping for Textbooks at the Beginning of the Semester.What