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Charlene Is Willing to Pay $5

Question 109

Multiple Choice

Charlene is willing to pay $5.00 for a sandwich. If the price of a sandwich is ________, Charlene ________.


A) $4.00; does not receive any consumer surplus
B) $4.00; receives a consumer surplus
C) $6.00; receives a consumer surplus
D) $6.00; receives a marginal cost
E) $4.00; receives a producer surplus

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