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    Suppose That a Customer's Willingness-To-Pay for a Product Is $5
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Suppose That a Customer's Willingness-To-Pay for a Product Is $5

Question 71

Question 71

True/False

Suppose that a customer's willingness-to-pay for a product is $5, and the seller's willingness-to-sell is $2. If the negotiated price is $4, consumer surplus is $2.

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