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    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Consumer Surplus
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    Brock Is Willing to Pay $400 for a New Suit,but
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Brock Is Willing to Pay $400 for a New Suit,but

Question 20

Question 20

Multiple Choice

Brock is willing to pay $400 for a new suit,but he is able to buy the suit for $250.His consumer surplus is


A) $650.
B) $150.
C) $250.
D) $400.

Correct Answer:

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