menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 26
  4. Exam
    Exam 5: Efficiency and Equity
  5. Question
    Jane Is Willing to Pay $50 for a Pair of Shoes
Solved

Jane Is Willing to Pay $50 for a Pair of Shoes

Question 377

Question 377

Multiple Choice

Jane is willing to pay $50 for a pair of shoes. The actual price of the shoes is $30. Her marginal benefit is


A) $50.
B) $30.
C) $20.
D) $80.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q44: Marginal cost is the<br>A) extra benefit that

Q74: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" The figure shows

Q228: Allocative efficiency occurs when<br>A) marginal social cost

Q234: A person will choose to buy a

Q292: An external benefit is a benefit that<br>A)

Q338: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above

Q382: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above

Q392: Resource use is efficient when<br>A) marginal social

Q412: Joe is willing to pay $4 for

Q442: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines