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    Exam 3: Demand, Supply, and the Market Process
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    Andrew Decides That He Would Pay as Much as $3,000
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Andrew Decides That He Would Pay as Much as $3,000

Question 118

Question 118

Multiple Choice

Andrew decides that he would pay as much as $3,000 for a new laptop computer. He buys the computer and realizes consumer surplus of $700. How much did Andrew pay for his computer?


A) $700
B) $2,300
C) $3,000
D) $3,700

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