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    If an Individual Consumer Is Willing to Pay $11 for One
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If an Individual Consumer Is Willing to Pay $11 for One

Question 92

Question 92

Multiple Choice

If an individual consumer is willing to pay $11 for one unit of a good but finds he can purchase it for $7,he has a consumer surplus of:


A) $18.00.
B) $11.00.
C) $7.00.
D) $4.00.

Correct Answer:

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