Suppose Sue's Buys a Good for $60 on EBay

question 60

Multiple Choice

Suppose Sue's buys a good for $60 on eBay. If the consumer surplus from the sale is $25, Sue would have been willing to pay:

• A) $35.
• B) $25.
• C) $60.
• D) $85.

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Definitions:

Social Work

A professional field focused on helping individuals, families, and communities to cope with and solve social problems.

Female Psychiatrists

Psychiatrists who identify as female; professionals in the field of psychiatry that diagnose and treat mental health disorders.

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Adolescents

Young people in the transitional stage of physical and psychological development that generally occurs during the period from puberty to legal adulthood.