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Lauren and Katy Each Bought a New Bike Lock for $20.Both

Question 363

Multiple Choice

Lauren and Katy each bought a new bike lock for $20.Both Lauren and Katy would have paid $25 for the lock.The total consumer surplus for Lauren and Katy taken together equaled


A) $15.
B) $10.
C) $40.
D) $20.
E) $50.

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