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Suppose Your Best Friend's Birthday Is Next Week and You

Question 50

Multiple Choice

Suppose your best friend's birthday is next week and you are willing to pay $300 for a gift of Rollerblades, but you found them on sale for $200 at Sportsmart. Lucky? Yes.Your consumer surplus is


A) $300
B) $600
C) $100
D) $200
E) $500

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