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    Exam 3: Market Demand and Supply
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    At $30 Each, Jack Will Buy 1 Blu-Ray and at $25
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At $30 Each, Jack Will Buy 1 Blu-Ray and at $25

Question 85

Question 85

Multiple Choice

At $30 each, Jack will buy 1 Blu-ray and at $25, he will purchase 2. If the price is $25, Jack's consumer surplus is:


A) ​$5.
B) ​$10.
C) ​$15.
D) ​$20.

Correct Answer:

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