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    Exam 7: Perfect Competition and the Invisible Hand
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    If a Buyer Enjoys a Consumer Surplus of $25 When
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If a Buyer Enjoys a Consumer Surplus of $25 When

Question 13

Question 13

Multiple Choice

If a buyer enjoys a consumer surplus of $25 when he purchases a good for $50,his willingness to pay for the good is ________.


A) $2
B) $25
C) $50
D) $75

Correct Answer:

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