Multiple Choice
Mark and Rasheed are at the bookstore buying new calculators for the semester.Mark is willing to pay $75 and Rasheed is willing to pay $100 for a graphing calculator.The price for a calculator at the bookstore is $65.How much is Mark's individual consumer surplus?
A) $10
B) $25
C) $35
D) $75
Correct Answer:
Verified
Correct Answer:
Verified
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