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    Microeconomics Study Set 46
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    Exam 3: Using Supply and Demand to Analyze Markets
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    Nancy Paid $55 for Car Mats but Was Willing to Pay
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Nancy Paid $55 for Car Mats but Was Willing to Pay

Question 76

Question 76

Multiple Choice

Nancy paid $55 for car mats but was willing to pay $80. What is Nancy's consumer surplus?


A) $80
B) $15
C) $25
D) $135

Correct Answer:

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