prettboyrob6466 prettboyrob6466
  • 19-07-2017
  • Business
contestada

Pedro wants to buy a new car. the most he is willing to pay is $21,000. if he finds a car for $18,000, what will his consumer surplus be?

Respuesta :

peterdaly
peterdaly peterdaly
  • 25-07-2017
I would say his consumer surplus would be $21,000-18,000 = $3000. In other words, I think it would be the difference between what he was prepared to spend and what he actually spent so the difference would be to his advantage since he would have saved the $3000.
Answer Link

Otras preguntas

Many animals have ranges that are:
At the store deli, you spent $13.45 on 5 pounds of cheese. How much would it cost to buy 2 pounds of cheese?
Who was the author of the first comic strip?
All of the following are evidence that a chemical reaction has occurred except ______. Question 3 options: A. color change B. formation of a precipitate C. bubb
To what did president carter devote much of his domestic agenda
excessive vomiting can lead to death by?
What is homeostasis? how does it work and why does your body depend on it for survival?
HELP! don't understand
Which of the following statements with regard to anorexia nervosa (an is true? women with the restrictive form of an appear not to value thinness so much as the
Water can reach roots by capillary action if the water table is not too deep. True False