Suppose Austin Is Willing to Pay $5 for One More

question 40

Multiple Choice

Suppose Austin is willing to pay $5 for one more burger but he actually pays $2 for it. The consumer surplus for Austin to consume that additional burger is

• A)-$7.
• B)-$2.
• C)$0.
• D)$3.
• E)$7.

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Definitions:

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The act or feeling of showing a lack of respect or courtesy towards someone or something.

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