Brett Buys a New Cell Phone for $100

question 63

Multiple Choice

Brett buys a new cell phone for $100.He receives consumer surplus of $80 from the purchase.How much does Brett value his cell phone?

• A)$180
• B)$100
• C)$80
• D)$20

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Definitions:

Black Abolitionists

African American individuals who played a significant role in the movement to end slavery in the United States, using various means of advocacy including literature, politics, and participation in the Underground Railroad.

White Abolitionists

Refers to individuals, particularly those who are white, who actively participated in the movement to abolish slavery in the United States and elsewhere.

Racist Sentiments

Prejudiced beliefs or discrimination directed against someone of a different race based on the belief that one's own race is superior.

Inalienable Rights

Inalienable rights are freedoms and liberties that are considered fundamental to humanity and cannot be surrendered or transferred from one person to another.