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    Macroeconomics Study Set 68
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    Exam 4: Market Failures Caused by Externalities Asymmetric Information
  5. Question
    Charlie Is Willing to Pay $10 for a T-Shirt That
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Charlie Is Willing to Pay $10 for a T-Shirt That

Question 146

Question 146

Multiple Choice

Charlie is willing to pay $10 for a T-shirt that is priced at $9. If Charlie buys the T-shirt, then his consumer surplus is


A) $19.
B) $0.90.
C) $90.
D) $1.

Correct Answer:

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