Answered

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If a buyer's willingness to pay for a new Honda is $30,000 and she is able to actually buy it for $28,000, her consumer surplus is

Sagot :

abiolataiwo2015

Answer:

$2,000

Explanation:

Calculation to determine the consumer surplus

Consumer surplus=$30,000-$28,000

Consumer surplus=$2,000

Therefore consumer surplus is $2,000

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