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Donna Can Make a Chair for About $100, She Charges

Question 78

Multiple Choice

Donna can make a chair for about $100, she charges customers $150 to buy the chair, and customers perceive that the chair is worth $225. In this case, the consumer surplus is:


A) $50.
B) $75.
C) $125.
D) $150.
E) $225.

Correct Answer:

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