Douglas Hoffman

Business

2 April, 13:15

Four buyers are in the market for a new car. suppose buyer 1 is willing to pay $20,000, buyer 2 is willing to pay $56,000, buyer 3 is willing to pay $34,000, and buyer 4 is willing to pay $18,000. if the market price for the car is $25,000, what is the total consumer surplus?

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