Babygirljay3402 Babygirljay3402
  • 03-07-2021
  • Business
contestada

If a buyer's willingness to pay for a new Honda is $30,000 and she is able to actually buy it for $28,000, her consumer surplus is

Respuesta :

abiolataiwo2015
abiolataiwo2015 abiolataiwo2015
  • 04-07-2021

Answer:

$2,000

Explanation:

Calculation to determine the consumer surplus

Consumer surplus=$30,000-$28,000

Consumer surplus=$2,000

Therefore consumer surplus is $2,000

Answer Link

Otras preguntas

In 1973, Special prosecutor _____ sued the president to obtain the Watergate tapes.
Geno has two hamsters,zippy is 94 millimeters long popcorn is 8.7 centermeters long.how much longer is zippy in millimeters
Phillip deposited 3400 into a savings account that pays 4 percent annual interest. how much will he have in his account at the end of the year
what is a statement that can be proven to be true
In a sentence, which part of speech shows that something is happening or something is?
if the wheel of the engine of a train is 30/7m in circumference and makes 7 revolutions in 4 secs then the speed of the train is?
50% of the babies are born female.Olive wants to find the probability that 20 or more of the 50 babies born today were female. We need to design a simulation. W
I'm kinda confused on number 1
The decision in miranda v. arizona (1966) more clearly defined what constitutional issue?
This scale drawing shows a parking lot. What is the length of the longer side of the actual lot?