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Mathematics, 27.08.2019 02:10 GreenHerbz206

Assume that there are four consumers a, b, c, and d, and the prices that each of them is willing to pay for a glass of lemonade is, respectively, $1.50, $1.20, $1.00, and $0.90. if the actual price of lemonade is $1.00 per glass, then consumer surplus in this market will be $0.70.

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Assume that there are four consumers a, b, c, and d, and the prices that each of them is willing to...
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