Josh Is Willing to Pay $500 for a Set of Tire,but

question 77

Multiple Choice

Josh is willing to pay $500 for a set of tire,but he is able to pay $300 at the local tire store.His consumer surplus is

• A)$800.
• B)$300.
• C)$200.
• D)$500.

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Definitions:

Suffix

A linguistic element added to the end of a word to form a derivative or change its grammatical function.

Consonant

A speech sound produced by partially or completely obstructing the flow of air through the vocal tract, characterized by less resonance and more restriction than vowels.

Impulses

Electrical or chemical signals transmitted through the nerves of the body.

Bx

Biopsy, a medical test involving the extraction of sample cells or tissues for examination to determine the presence of diseases.